Andy’s Frozen Custard Broken Arrow, OK

800 East Kenosha Street
Broken Arrow, OK

Price: $2107000
Cap Rate: 7.00%
NOI: $147,500
Building Size: Approx. 1167 Sq. Ft.
Lot Size: Approx. 1.06 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2015

Investment Overview

  • New Construction | 1,167+/- SF Building on 1.06+/- Acre Site
  • New 20-Year, NNN Lease w/ 1.5% Annual Bumps in Primary & Options
  • Along E Kenosha St “71st St” (22,000 VPD), just W of Broken Arrow Expy “SH 51” (66,000 VPD)
  • Adjacent to Chick-Fil-A | Near Walgreens, Fire House Subs, Raising Cane’s, KFC, & Taco Bell
  • Major Employers: Broken Arrow ISD (2,090 Empl.), Walmart (900 Empl.), FlightSafety (715 Empl.)
  • 6-Miles E of Woodland Hills Malls (1,300,000 SF) | 11-Miles SE of Tulsa Promenade (926,426 SF)
  • 5-Mile 2015 Estimated Population: 130,356   | 3-Mile Average Household Income:  $73,075
  • Tulsa – Broken Arrow – Owasso (MSA) | 2ND Largest City in OK | Population: 961,561

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