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On the Border

8702 East 71st South Tulsa, OK
$4,938,207 7.25% Cap 7,559 sq ft Built 1995 Representative Photo Print This Page

Location

8702 East 71st South Tulsa, OK

Price: $4,938,207
Cap Rate: 7.25%
Net Operating Income: $358,020
Square-Footage: 7,559
Year Built: 1995

Absolute NNN LeaseAnnual IncreasesCorporate GuaranteeHeavily Trafficked LocationStrong and Experienced OperatorZero Landlord Obligations

This is the unique opportunity to purchase a long term absolute NNN leased On The Border restaurant in Tulsa, Oklahoma. The absolute NNN lease provides for zero landlord obligations and calls for 2% annual increases in rent. The lease is corporately guaranteed by On The Border, a strong and experienced operator with ~160 units.

Tulsa is a city on the Arkansas River, in the U.S. state of Oklahoma. It’s known for its art deco architecture, mostly in the central Deco District. Landmarks like the Philcade and Philtower buildings reflect a 20th-century construction boom fueled by the prosperous local oil industry. The Philbrook Museum of Art is housed in an Italianate villa that was once the home of a local oil magnate.

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presented by

Jacob Abusharkh Managing Principal View profile
Kase Abusharkh Founding Principal View profile

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