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29790886
29790885

3120 W Kenosha St, Broken Arrow, OK 74012

PD
CA CA 01797033
Deltondo Advisory Group Irvine
Listed by Deltondo Advisory Group Irvine
$2,400,000
110 days on market
Updated 46 days ago

Dairy Queen - Strong Performer with 2% Annual Increases

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,247
Cap Rate 6.63%
NOI $159,167
Occupancy 100%
Tenancy Single
Brand/Tenant Dairy Queen
Lease Type Absolute NNN
Lease Term 25.1
Lease Expiration 08/04/2047
Remaining Term 21.2
Rent Bumps Yes
Lease Options 4x5
Price per SqFt $739
Broker Co-Op Yes
Class A
Year Built 2005
Year Renovated 2024
Buildings 1
Acreage 1.140
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/13/2022
Occupancy Date 07/13/2022
Ground Lease No
Ownership Fee-Simple

Strong Performing Location

Investment highlights

LONG-TERM ABSOLUTE NNN LEASE WITH INCREASES

The property is secured by a 25-year absolute NNN lease with 21.5 years remaining, guaranteed by DND Central, Inc.

ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS

2% annually thereafter, with four (4) five-year renewal options.

HIGH-TRAFFIC LOCATION

Strategically positioned on Kenosha Street (29,000 VPD) the site benefits from high daily traffic counts, dense

residential developments, and proximity to retail, healthcare, and business hubs.

POSITIONED IN TULSA MSA – A FAST-GROWING ECONOMY

Broken Arrow is part of the Tulsa MSA, one of the fastest-growing metro areas in the U.S., with a regional population

exceeding 2.7 million.

STRONG NATIONAL TENANT

With over 7,700 locations worldwide and a brand valuation of approximately $4.5 billion, Dairy Queen continues to

expand its presence, particularly in the U.S. and Canada.

Listing Contacts

PD
CA CA 01797033
Deltondo Advisory Group Irvine
Listed by Deltondo Advisory Group Irvine

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$159,166.56
$13,263.88/mo

Valuation Metrics

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DSCR
6.63%
Cap Rate
6.63%
ROI

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