Burger King
Offerings
Burger King
3801 SE Adams Road
Bartlesville (North of Tulsa), OK
- Price:
- $1,773,000
- Cap Rate:
- 5.50%
- NOI:
- $97,494
- Rentable SQFT:
- 3,586 SF
- Year Built:
- 1981
- Lot Size:
- 1.39 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 8 Years Remaining with 1.75% Annual Rent Increases
- Absolute NNN Lease with No Landlord Responsibilities
- Lease Guaranteed by an Experienced Operator with 49 Locations and Growing
- Established Store with a Drive-Thru, Burger King Generates Approximately 70% of Its Revenue from the Drive-Thru
- Serving Over 51,000 Residents in Growing Washington County, Approximately 18 New Single-Family Developments Under Construction in Bartlesville
- Average Household Income Exceeds $74,000 within a 1, 3, and 5-Mile Radius
- Highly Visible Along Major North/South Artery with 22,800 Cars/Day, Direct Access to Downtown Tulsa
- Strategic Location in Core Retail Corridor, The Only Burger King Location in the County
- Down the Street from a Walmart Supercenter, Lowe’s, Hobby Lobby, Ross, TJ Maxx, Petco, Big Lots, Planet Fitness, Chick-fil-A, McDonald’s, Starbucks, Walgreens, CVS, and More
- 1 Mile to Award-Winning Jane Phillips Medical Center with 1,200 Employees, Top 20 Rural Hospitals in the U.S.
- 2 Miles to Grand Prairie Residential Development, a New Master-Planned Community with 340 Single-Family Homes
- Strong Daytime Population, Over 18,400 Employees within a 5-Mile Radius
- Minutes to Oklahoma Wesleyan University with 1,204 Students and Several K-12 Schools with Over 5,000 Students
- Close Proximity to Lee Lake, a Fishing and Boating Lake, Daniel Soccer Complex and Multi-Purpose Sports Fields Attracting Thousands of Visitors Annually
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