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Restaurant

Brand New McDonald's w/ Dual Dr-Thru | High-Growth Tulsa Submarket | 20 Yr NNN Ground Lease

2201 W Norfolk Dr, Broken Arrow (Tulsa MSA), OK 74011

Listing Price: $3,250,000

Cap Rate
4.00%
Tenant Name
McDonald's
Years Remaining On Lease
20.0
Gross SF
3,817
Guarantor
Corporate Guarantee
Rentable SF
3,817
Price/Gross SF
$851.45
Lease Type
NNN Ground Lease
Rent Per Square Feet
$34.06

Investment Overview

The Property Is Located In Broken Arrow, A High-Growth Submarket Within The Tulsa Metropolitan Area, One Of The Primary Economic Hubs In The State. The Region Continues To Experience Steady Population Growth, Driven By In-Migration, Affordable Housing, And Expanding Employment Opportunities Across Multiple Sectors.

Broken Arrow Serves As One Of The Most Desirable Suburban Communities Within The Tulsa MSA, Offering A Combination Of Strong Public Schools, Established Residential Neighborhoods, And Continued Commercial Development. The Area Has Benefited From Ongoing Residential Expansion, With New Housing Developments Supporting Household Formation And Increasing Consumer Demand For Retail And Service-Oriented Uses.

The Property Is Strategically Positioned Within The South Broken Arrow Retail Corridor, Anchored By South Aspen Avenue (145th East Avenue) And East Kenosha Street (71st Street), Two Of The Area’s Primary Commercial Arteries. These Corridors Support Significant Daily Traffic Volumes And Serve As The Focal Point For Retail Activity In The Submarket, Featuring A Strong Concentration Of National And Regional Tenants.

Additionally, The Site Benefits From Proximity To Oklahoma State Highway 51, Providing Direct Connectivity To Downtown Tulsa And Surrounding Employment Centers. This Accessibility Enhances Commuter Flow And Supports Consistent Consumer Traffic Throughout The Day.

The Surrounding Trade Area Is Characterized By A Dense And Growing Residential Population, Supported By Master-Planned Communities Such As Forest Ridge, As Well As A Strong Local School System Anchored By Broken Arrow Public Schools. These Demand Drivers Contribute To A Stable Consumer Base And Long-Term Retail Viability.

Investment Highlights

  • 20 Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
  • Positioned along the Area's Primary Traffic and Retail Corridor at a Signalized Hard Corner Location, Offering Excellent Visibility, Multiple Points of Ingress and Egress.
  • McDonald's (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $26.88 Billion.
  • Immediate Access to/from the Creek Turnpike (SH-364) – a Major Highway Delivering Seamless Regional Connectivity across the Tulsa MSA, driving High-Volume Commuter Traffic, Expanding the Trade Area, and Enhancing Long-Term Retail Performance.
  • Positioned in Broken Arrow, One of the Fastest-Growing Submarkets in the Tulsa Metropolitan Area, benefiting from Sustained Population Growth, Residential Expansion, and increasing Retail Demand across the Southeast Corridor.
  • Densely Populated Affluent Area: Features an Average Household Income of $110k+ and more than 114k People Residing within a 5-Mile Radius. Broken Arrow has Experienced Sustained Population Growth over the Past Decade.
  • Located near Northeastern State University Broken Arrow, a Regional Higher Education Campus Serving Thousands of Students, Faculty, and Staff, Driving Consistent Daytime Traffic, Workforce Activity, and Supporting Long-Term Retail Demand in the Immediate Trade Area.
  • Over 3,000 Homes within a Five-Minute Drive with Population Growth Exceeding 35% since the Last Census, Supporting Rapidly Expanding Consumer Demand and Long-Term Retail Sustainability within the Immediate Trade Area. Adjacent to a New 60-Acre Mixed-Use Development featuring 150k+ SF of Retail Shopping, Restaurant, Grocery, Entertainment, and 170 Residential Apartments, Driving Significant Traffic and Establishing a Dominant Retail Destination.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Restaurant

Brand New McDonald's w/ Dual Dr-Thru | High-Growth Tulsa Submarket | 20 Yr NNN Ground Lease

Listing Price: $3,250,000

Cap Rate
4.00%
Tenant Name
McDonald's
Years Remaining On Lease
20.0
Gross SF
3,817
Guarantor
Corporate Guarantee
Rentable SF
3,817
Price/Gross SF
$851.45
Lease Type
NNN Ground Lease
Rent Per Square Feet
$34.06

Investment Highlights

  • 20 Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
  • Positioned along the Area's Primary Traffic and Retail Corridor at a Signalized Hard Corner Location, Offering Excellent Visibility, Multiple Points of Ingress and Egress.
  • McDonald's (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $26.88 Billion.
  • Immediate Access to/from the Creek Turnpike (SH-364) – a Major Highway Delivering Seamless Regional Connectivity across the Tulsa MSA, driving High-Volume Commuter Traffic, Expanding the Trade Area, and Enhancing Long-Term Retail Performance.
  • Positioned in Broken Arrow, One of the Fastest-Growing Submarkets in the Tulsa Metropolitan Area, benefiting from Sustained Population Growth, Residential Expansion, and increasing Retail Demand across the Southeast Corridor.
  • Densely Populated Affluent Area: Features an Average Household Income of $110k+ and more than 114k People Residing within a 5-Mile Radius. Broken Arrow has Experienced Sustained Population Growth over the Past Decade.
  • Located near Northeastern State University Broken Arrow, a Regional Higher Education Campus Serving Thousands of Students, Faculty, and Staff, Driving Consistent Daytime Traffic, Workforce Activity, and Supporting Long-Term Retail Demand in the Immediate Trade Area.
  • Over 3,000 Homes within a Five-Minute Drive with Population Growth Exceeding 35% since the Last Census, Supporting Rapidly Expanding Consumer Demand and Long-Term Retail Sustainability within the Immediate Trade Area. Adjacent to a New 60-Acre Mixed-Use Development featuring 150k+ SF of Retail Shopping, Restaurant, Grocery, Entertainment, and 170 Residential Apartments, Driving Significant Traffic and Establishing a Dominant Retail Destination.

Investment Overview

The Property Is Located In Broken Arrow, A High-Growth Submarket Within The Tulsa Metropolitan Area, One Of The Primary Economic Hubs In The State. The Region Continues To Experience Steady Population Growth, Driven By In-Migration, Affordable Housing, And Expanding Employment Opportunities Across Multiple Sectors. Broken Arrow Serves As One Of The Most Desirable Suburban Communities Within The Tulsa MSA, Offering A Combination Of Strong Public Schools, Established Residential Neighborhoods, And Continued Commercial Development. The Area Has Benefited From Ongoing Residential Expansion, With New Housing Developments Supporting Household Formation And Increasing Consumer Demand For Retail And Service-Oriented Uses. The Property Is Strategically Positioned Within The South Broken Arrow Retail Corridor, Anchored By South Aspen Avenue (145th East Avenue) And East Kenosha Street (71st Street), Two Of The Area’s Primary Commercial Arteries. These Corridors Support Significant Daily Traffic Volumes And Serve As The Focal Point For Retail Activity In The Submarket, Featuring A Strong Concentration Of National And Regional Tenants. Additionally, The Site Benefits From Proximity To Oklahoma State Highway 51, Providing Direct Connectivity To Downtown Tulsa And Surrounding Employment Centers. This Accessibility Enhances Commuter Flow And Supports Consistent Consumer Traffic Throughout The Day. The Surrounding Trade Area Is Characterized By A Dense And Growing Residential Population, Supported By Master-Planned Communities Such As Forest Ridge, As Well As A Strong Local School System Anchored By Broken Arrow Public Schools. These Demand Drivers Contribute To A Stable Consumer Base And Long-Term Retail Viability.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

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