Restaurant
Wendy's
1209 E Pine St, Tulsa, OK 74106
Listing Price: $2,666,667
Cap Rate
5.25%
Tenant Name
Wendy's
Years Remaining On Lease
23.3
Guarantor
Franchisee Guarantee
Rentable SF
2,686
Lease Type
Absolute Net
Rent Per Square Feet
$52.12
Investment Overview
Marcus and Millichap is pleased to exclusively offer for sale the real estate of a freestanding Wendy's located in Tulsa, OK. The 0.70 acre lot consists of 2,686 square feet of building space that includes ample parking spaces, a drive-thru, and street signage.
Wendy's
Investment Highlights
- Extremely Rare 25 Year Absolute Triple Net (NNN) Ground Lease w/ No Landlord Responsibilities and 23+ Years Remaining
- Rare Hard Corner Lot Location w/ Store Sales Well Above National Average
- The Tenant (Cotti Foods) is One of The Largest and Most Successful Restaurant Operators in the Country w/ 223 Units and Growing
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,666,667
Cap Rate
5.25%
Tenant Name
Wendy's
Years Remaining On Lease
23.3
Guarantor
Franchisee Guarantee
Rentable SF
2,686
Lease Type
Absolute Net
Rent Per Square Feet
$52.12
Investment Highlights
- Extremely Rare 25 Year Absolute Triple Net (NNN) Ground Lease w/ No Landlord Responsibilities and 23+ Years Remaining
- Rare Hard Corner Lot Location w/ Store Sales Well Above National Average
- The Tenant (Cotti Foods) is One of The Largest and Most Successful Restaurant Operators in the Country w/ 223 Units and Growing
Investment Overview
Marcus and Millichap is pleased to exclusively offer for sale the real estate of a freestanding Wendy's located in Tulsa, OK. The 0.70 acre lot consists of 2,686 square feet of building space that includes ample parking spaces, a drive-thru, and street signage.
Exclusively Listed By
Broker of Record
Financing By
