Hawaiian Bros
Retail | 7.75% CAP | 4,000 SqFt
Marketing description
Recent 2023 build-to-suit construction QSR building with double drive-thru. An absolute net Hawaiian Bros lease with 13-years remaining, featuring 10% rental increases every 5 years and a full-term corporate guaranty. Subject property is located in Broken Arrow – a suburb of Tulsa experiencing significant economic development stimulating growth in the direct trade area.
Investment highlights
13-years remaining on an absolute net lease featuring 10% rental increases every 5 years
Corporate guaranty from Hawaiian Bros, Inc. (see below)
2023 build-to-suit construction with double drive-thru on a large 1.42 acre lot
Ranked among the Top 25% most trafficked restaurants in Oklahoma over the past 12 months (per Placer.ai)
Hawaiian Bros is a rapidly expanding QSR concept founded in 2018 with 60+ restaurants in 9 states
Affluent demographics – $107,000 average household incomes within a 3-mile radius of the subject property
Nearby national retailers include Walmart, Target, Sprouts, Hobby Lobby, and Lowe’s
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