Restaurant
Dairy Queen – High Traffic Location (29,000 VPD) in Tulsa MSA
3120 W Kenosha St, Broken Arrow, OK 74012
Listing Price: $2,768,000
Cap Rate
5.75%
Tenant Name
DND Central, Inc. dba Dairy Queen
Years Remaining On Lease
22.3
Gross SF
3,247
Guarantor
Franchisee Guarantee
Rentable SF
3,247
Price/Gross SF
$852.48
Lease Type
Absolute Net
Rent Per Square Feet
$49.02
Investment Overview
3120 W Kenosha St., Broken Arrow, OK.
Dairy Queen – High Traffic Location (29,000 VPD) in Tulsa MSA
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE WITH INCREASES: The property is secured by a 25-year absolute NNN lease with 22.5 years remaining, guaranteed by DND Central, Inc.
- ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 10% rent increases in 2027 and 2% annually thereafter, with four (4) five-year renewal options.
- HIGH-TRAFFIC LOCATION: Strategically positioned on Kenosha Street (29,000 VPD) the site benefits from high daily traffic counts, dense residential developments, and proximity to retail hubs.
- POSITIONED IN TULSA MSA – A FAST-GROWING ECONOMY: Broken Arrow is part of the Tulsa MSA, one of the fastest-growing metro areas in the U.S., with a regional population exceeding 2.7 million.
- STRONG NATIONAL TENANT: With over 7,700 locations worldwide and a brand valuation of approximately $4.5 billion, Dairy Queen continues to expand its presence, particularly in the U.S. and Canada.
Exclusively Listed By
Broker of Record
Financing By
Restaurant
Dairy Queen – High Traffic Location (29,000 VPD) in Tulsa MSA
Listing Price: $2,768,000
Cap Rate
5.75%
Tenant Name
DND Central, Inc. dba Dairy Queen
Years Remaining On Lease
22.3
Gross SF
3,247
Guarantor
Franchisee Guarantee
Rentable SF
3,247
Price/Gross SF
$852.48
Lease Type
Absolute Net
Rent Per Square Feet
$49.02
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE WITH INCREASES: The property is secured by a 25-year absolute NNN lease with 22.5 years remaining, guaranteed by DND Central, Inc.
- ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 10% rent increases in 2027 and 2% annually thereafter, with four (4) five-year renewal options.
- HIGH-TRAFFIC LOCATION: Strategically positioned on Kenosha Street (29,000 VPD) the site benefits from high daily traffic counts, dense residential developments, and proximity to retail hubs.
- POSITIONED IN TULSA MSA – A FAST-GROWING ECONOMY: Broken Arrow is part of the Tulsa MSA, one of the fastest-growing metro areas in the U.S., with a regional population exceeding 2.7 million.
- STRONG NATIONAL TENANT: With over 7,700 locations worldwide and a brand valuation of approximately $4.5 billion, Dairy Queen continues to expand its presence, particularly in the U.S. and Canada.
Investment Overview
3120 W Kenosha St., Broken Arrow, OK.
Exclusively Listed By
Broker of Record
Financing By
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