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    1535 71st St Tulsa, OK 74136-5006
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    Property profile & analytics

    1535 71st St Tulsa, OK 74136-5006


    • Turn key restaurants
    • 2,821 SF
    • 0.84 lot acres
    Off-Market
    Last Sale Dec 14, 2024
    $1,873,000
    Property ID
    US69-0060208
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Taco Bell / Restaurant / Take-out & Catering

    Property Details for 1535 71st St

    Year built
    1991
    Construction
    WOOD FRAME
    Lot size
    0.84 lot acres
    Property size
    2,821 SF
    Zone code
    CS
    Property type
    Turn key restaurants
    APN
    50157-83-06-25700
    APU
    50157830625700

    Description

    This exceptional investment opportunity presents a 2,821 square foot Taco Bell located at 1535 E 71st St, Tulsa, OK 74136. Boasting a strong 10-year lease with K-MAC Enterprises, Inc., one of the largest Taco Bell franchisees, this property offers a secure, passive income stream. The lease includes attractive annual rent increases of 1.50%, providing a hedge against inflation. With a 5.35% cap rate and a Net Operating Income (NOI) of $100,183, this property represents a compelling return on investment. The property benefits from a high-traffic location, exceeding 127,700 vehicles per day, and is a triple-net (NNN) lease, meaning the tenant is responsible for all operating expenses, including taxes, insurance, and maintenance. Built in 2001, this well-maintained property is 100% occupied by a top-performing restaurant brand, Taco Bell, which reported over $15 billion in sales in 2023. This is a rare opportunity to acquire a stable, high-performing asset in a prime Tulsa location. The recent lease extension further solidifies the long-term value and stability of this investment. The property's strong location, coupled with the tenant's financial strength and the favorable lease terms, makes this an ideal addition to any investment portfolio. Don't miss this chance to own a piece of a nationally recognized brand in a thriving market.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9698
    Latitude
    36.0613
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,645
    $60,060
    $78,826
    $138,886
    -
    $546,000
    $716,600
    $1,262,600
    More about this property
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