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33731719
33731714

3120 West Kenosha Street, Broken Arrow, OK 74012

TS
OK 149994, TX 9002994
Marcus & Millichap - Oklahoma City
PD
CA CA 01797033
Deltondo Advisory Group Irvine
Listed by Marcus & Millichap - Oklahoma City, Deltondo Advisory Group Irvine
$2,400,000
9 days on market
Updated 8 days ago

Dairy Queen – High Traffic Location (29,000 VPD) Tulsa MSA

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,247
Net Rentable (SqFt) 3,247
Units 1
Cap Rate 6.63%
NOI $159,166
Tenancy Single
Brand/Tenant Dairy Queen
Lease Type Absolute NNN
Lease Term 25.1
Lease Expiration 08/03/2047
Remaining Term 21.1
Rent Bumps Yes
Lease Options Four, 5-Year
Year Built 2005
Year Renovated 2024
Lot Size (SqFt) 1.14
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/12/2022
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 years remaining, guaranteed by DND Central, Inc.

ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS

The lease includes 10% rent increases in 2027 and 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

TS
OK 149994, TX 9002994
Marcus & Millichap - Oklahoma City
PD
CA CA 01797033
Deltondo Advisory Group Irvine
Listed by Marcus & Millichap - Oklahoma City, Deltondo Advisory Group Irvine

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$159,166.00
$13,263.83/mo

Valuation Metrics

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DSCR
6.63%
Cap Rate
6.63%
ROI

Map

Zoning

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Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Tim Speck
License
OK 149994
Title
Broker of Record
Name
Tim Speck
License
149994
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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