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Slim Chickens 11012 E 81st St

2,880 SF Retail Building Tulsa, OK 74133 $2,915,250 ($1,012/SF) 6% Cap Rate

Investment Highlights

  • Absolute NNN Investment
  • Dense Retail Corridor
  • 10 years remaining on their initial lease term with three 5-year options
  • Strong Growth Tenant
  • Current NOI is $174,915 with 1% annual rent increases allowing for steady rent growth
  • Near 2 Hospitals and Community College

Executive Summary

Introducing a prime investment opportunity in Tulsa, OK! This 2,700 SF building, constructed in 2020, boasts prime location and 100% occupancy. Zoned CO, this property is ideal for a retail investor seeking a high-performing asset with a strong tenant presence. With its strategic location in the Tulsa area, this property offers a promising investment with immediate income potential. Don't miss out on this turnkey retail property that combines modern construction with a fully occupied space, promising a lucrative return on investment.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,880 SF
Building Class
B
Year Built
2020
Price
$2,915,250
Price Per SF
$1,012
Cap Rate
6%
NOI
$174,915
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.91 AC
Zoning
CO - CORRIDOR COMMERCIAL DISTRICT
Parking
50 Spaces (17.36 Spaces per 1,000 SF Leased)
Frontage
184 FT on East 81st Street

Amenities

  • 24 Hour Access
  • Bus Line
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Drive Thru
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Walmart Neighborhood Market
9round
BOK Financial
City National Bank
Ymca
First Watch
Fiesta Mart
Starbucks
Bonefish Grill
Cheddar's Scratch Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
77564-84-18-16640
Land Assessment
$74,800
Improvements Assessment
$115,808
Total Assessment
$190,608
  • Listing ID: 34000134

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 11012 E 81st St, Tulsa, OK 74133

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