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Restaurant

Schlotzsky's

3813 E Frank Phillips Blvd, Bartlesville, OK 74006

Listing Price: $2,297,000

Cap Rate
5.50%
Tenant Name
Schlotzsky's
Years Remaining On Lease
16.9
Gross SF
1,850
Guarantor
Corporate Guarantee
Rentable SF
1,850
Price/Gross SF
$1,241.62
Lease Type
Absolute Net
Rent Per Square Feet
$68.30

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Schlotzsky's in Bartlesville, OK

Investment Highlights

  • 16 + Years Remaining on Absolute Triple Net (NNN) Lease
  • 1.75% Annual Rent Increases and Corporate Guarantee
  • Double Drive-Thru QSR Building
  • Adjacent to St. John Jane Phillips Medical Center
  • Surrounded by National Retailers

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Listing Price: $2,297,000

Cap Rate
5.50%
Tenant Name
Schlotzsky's
Years Remaining On Lease
16.9
Gross SF
1,850
Guarantor
Corporate Guarantee
Rentable SF
1,850
Price/Gross SF
$1,241.62
Lease Type
Absolute Net
Rent Per Square Feet
$68.30

Investment Highlights

  • 16 + Years Remaining on Absolute Triple Net (NNN) Lease
  • 1.75% Annual Rent Increases and Corporate Guarantee
  • Double Drive-Thru QSR Building
  • Adjacent to St. John Jane Phillips Medical Center
  • Surrounded by National Retailers

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Schlotzsky's in Bartlesville, OK

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

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