Tulsa, OK - Smalls Sliders
$2,261,000
619 W 71st St S, Tulsa, OK 74132
5.75
Cap Rate
130,000
NOI
Details:
Description:
• The lease is personally guaranteed by a Smalls Sliders franchisee
• 15 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• The subject property is an outparcel to an REI anchored center with other national tenants including Dutch Bros, Sherwin-Williams, and Chase Bank
• The asset is located less than a mile from Tulsa Hills Shopping Center, a 494,000+ square foot Target and Lowe’s Home Improvement anchored center, that features national/tenant credits such as DICK’S Sporting Goods, Ulta, PetSmart, Staples, Belk, Five Below, and others
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Sam’s Club, Best Buy, Buffalo Wild Wings, Chick-fil-A, Starbucks, Whataburger, and more, further increasing consumer traffic to the site
Location

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