Applebee's
Retail | 6.44% CAP | 5,015 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for an Applebee's located at 11104 E 41st St, Tulsa, OK 74146. The site consists of roughly 5,015 rentable square feet of building space on an estimated 1.33-acre parcel of land. This Applebee's is subject to a 10-year Triple Net (NNN) lease, which commenced 5/1/2025. The current annual rent is $109,500 and has scheduled increases of 10.00% every 5 years.
Investment highlights
Corporately Operated Location | This Applebee’s is on a corporate lease and is corporately operated, ensuring professional management, strong operational standards, and reliable performance backed by an established operator.
Strong Consumer Base | The subject property is located in a densely populated corridor with 92,480 residents within 3 miles and 218,910 within 5 miles, this site benefits from a strong and growing customer base that drives sustained traffic and supports long-term retail success.
Strong Retail Synergy | The subject property is surrounded by top national retailers including Reasor’s Grocery, Taco Bell, McDonald’s, QuikTrip, Chipotle, Panda Express, Chase Bank, Arby’s, and more— driving consistent traffic and strong consumer demand to the area.
Strong Traffic Count | The subject property benefits from prime frontage, just off the corner of E 41st St (29,900 ADTC) and S Garnett Rd (ADTC), delivering outstanding daily exposure to over 53,000 vehicles. This high-traffic location maximizes brand visibility and supports strong, sustained restaurant performance.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
