1535 71st St Tulsa, OK 74136-5006

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.

Location Insight

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