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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.

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

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Restaurant

Wendy's

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

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

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