10249 41St StTulsa, OK 74146

  • Turn key restaurants
  • 1,825 SF
For Sale
$1,700,000 View listing

Property Details for 10249 41St St

Lot size
0.99 AC
Property size (Sq ft)
1,825 SF
Zone code
CS
Property type
Turn key restaurants
APN
76165-94-19-38800
APU
76165941938800

Description

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.

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.105
Longitude
-95.8628
CBSA code
46140
CBSA name
TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,119
$51,700
$149,050
$200,750
-
$470,000
$1,355,000
$1,825,000

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