The Bradford Grill
About This Property for Sale
Marketing description
A rare opputunity to own a trophy restaurant property in Tulsa,Oklahoma. The Bradford Grill is a 5,172 sf restaurant located in one of the most highly coveted locations in Tulsa. The area includes St. Francis Hospital which the largest medical facility in NE Oklahoma and the Warren Place office development which includes over 0ne million sf of Class "A" office space . Yale avenue is one of the major north south arterial streets in the city with 6 lanes and multiply traffic lights . The surounding residential areas are established and are some of the most desirable neighborhoods of Tulsa.
Investment highlights
The Bradford Restaurant is a 5,172 sf building which has recently undergone an over two million dollar renovation. Virtually everything on the property has been upgraded , replaced and improved. The restaurant has been highly successful and has excellent reviews. The primary lease term is for 10 years and is being offered on a true NNN basis . The tenant is responsible for all expenses including the taxes , Insurance , roof , parking lot etc. The rent is 15,000.00 per month or 180,000.00 per year. The lease inculded 10% icreases every five years. The price is 2,850,000.00 or a 6.31 cap.
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