500 E Kenosha St Broken Arrow, OK 74012
Property profile & analytics
500 E Kenosha St Broken Arrow, OK 74012
- Commercial land
- 1.42 lot acres
Property ID
US69-0454439
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.
Location Intelligence
Current Use by Public Records
- Hawaiian Bros Island Grill / Restaurant
Property Details for 500 E Kenosha St
- Lot size
- 1.42 lot acres
- Zone code
- C5
- Property type
- Commercial land
- APN
- 79313-84-02-57810
- APU
- 79313840257810
Description
This exceptional investment opportunity presents a fee-simple ownership of a 4,000-square-foot Hawaiian Bros restaurant in Broken Arrow, Oklahoma. The property, built in 2024, sits on a 1.08-acre lot at a high-traffic intersection (21,368 CPD) with excellent visibility. The single-tenant building features a triple drive-thru configuration, including a dedicated mobile order pickup lane, maximizing operational efficiency. The property benefits from a 14-year remaining lease term (initial 15-year lease commencing January 22, 2024, expiring February 28, 2039) with a corporate guarantee from Hawaiian Bros, a rapidly expanding franchise with over 56 locations nationwide. The lease is an Absolute NNN, with a 7.25% cap rate and a strong NOI of $364,917. Rent increases are built in, with a 10% escalation every five years. The property is zoned C and enjoys proximity to major retailers such as Target, Walmart, and Bass Pro Shops, as well as educational institutions (University of Tulsa, University of Oklahoma-Tulsa) and Saint Francis Hospital. Three five-year renewal options further enhance the long-term value of this investment. The property boasts a 4.9-star Google rating (2,041 reviews) and is situated in a densely populated area with a high average household income. This is a rare opportunity to acquire a high-performing, net-leased asset with significant upside potential. The asking price is $5,033,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $830,000
- ML approach
- $855,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Broken Arrow
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.7844
- Latitude
- 36.0617
- 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
$5,866
$44,880
$0.00
$44,880
-
$408,000
$0.00
$408,000
