For Sale
$1,700,000

10249 41St St Tulsa, OK 74146

High-return Dunkin' franchise, absolute NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 1,780 square foot Dunkin' located at 10249 E 41st St, Tulsa, OK 74146. Built in 2022, this single-tenant, absolute net lease property boasts a 20-year lease commencing January 22, 2024, and expiring January 21, 2044. The lease includes a substantial 19.2 years remaining term and features a 7.5% rent increase every five years, ensuring consistent income growth. The property generates a current net operating income (NOI) of $100,000 annually. The tenant, Lagunita Franchise Operations, LLC, is a seasoned operator with a proven track record, holding multiple Dunkin' locations. This corporate-guaranteed lease provides significant security and minimizes landlord responsibilities. The property itself is a prototypical Dunkin' design, including a drive-thru, prominent signage, and ample parking. Situated on a 43,037 square foot lot, the location benefits from its proximity to a Popeye's restaurant. The franchise is backed by Inspire Brands, a major multi-brand restaurant company. Lease options are available, providing further long-term investment potential. This is a rare opportunity to acquire a strong-performing, low-maintenance, and highly desirable Dunkin' investment property.

Highlights

  • Tenant: Lagunita Franchise Operations, LLC
  • Trade Name: Dunkin'
  • Year Built: 2022
  • Lease Commencement: January 22, 2024
  • Lease Expiration: January 21, 2044
  • 20-Year Absolute NNN Lease with 7.5% rent increases every five years and renewal options. Annual Base Rent: $100,000. No landlord responsibilities. Corporate guaranteed lease.

Property Details for 10249 41St St

Property type
Retail properties
Square Feet
1,780 SF
Year Built
2022
Buildings
1
Stories
1
Units
1

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.104557652715
Longitude
-95.863248708806

FAQs

What type of property is this?
Retail property - High-return Dunkin' franchise, absolute NNN lease.
Where is the retail property located?
The property is located at 10249 41St St Tulsa, OK.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Tenant: Lagunita Franchise Operations, LLC; Trade Name: Dunkin'; Year Built: 2022
How can I contact the broker?
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10249 41St St
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