Whataburger | Tulsa, OK
8+ Yr. Remaining 10% Increases | Close Proximity to University of Tulsa
Marketing description
Introducing an exceptional investment opportunity - the Whataburger Restaurants, LLC property located at 1432 S. Peoria Avenue, Tulsa, Oklahoma. This single-tenant absolute NNN property offers a reliable income stream with over 8 years remaining on the lease, scheduled rental increases, and options to extend. The property boasts a 5.52% cap rate with a net operating income of $124,208. Situated in a bustling retail corridor, this fee simple ownership property features a renowned national tenant surrounded by strong credit retailers, including Starbucks, Walgreens, and Home Depot. With direct access to Interstate 244 and close proximity to the University of Tulsa, the location draws significant traffic, offering excellent visibility and convenience. The area's strong demographics, with a solid presence of six-figure incomes within a 5-mile trade radius, further enhance the investment appeal. Don't miss this opportunity to own a prime commercial asset in a thriving location with a secure long-term tenant in place.
Investment highlights
8+ Years Remaining | Scheduled Rental Increases | Options to Extend | Established Brand
Absolute NNN | Fee Simple Ownership
Along S Peoria Ave | Interstate 244 | Dense Retail Corridor | Strong National/Credit Tenant Presence | University of Tulsa
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
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