• Broker Cody Stambaugh 7202910686
  • Broker Elizabeth Morgan 3039629532 x 105
  • Broker Kyle Moyer 3034062524

Dunkin' 10249 41st st 1,780 SF Retail Building Tulsa, OK 74146 $1,666,666 ($936.33/SF) 6% Cap Rate

View Photo

INVESTMENT HIGHLIGHTS

  • Absolute NNN lease with 19 years remaining on lease term
  • Seasoned operator with 18 Dunkin' locations in multiple states
  • 7.5% increases every 5 years
  • Newer construction built in 2022
  • Corporate guaranteed lease by Lagunita Franchise Operations

EXECUTIVE SUMMARY

This absolute net leased single-tenant Dunkin’ was developed in 2022 by Lagunita Franchise Operations, LLC, a seasoned operator and franchisee with five locations in Tulsa and 35 total Dunkin’ locations in multiple states. The property was purchased by the current owner as a “Sale Leaseback” absolute NNN investment with a 20-year term and rental increases every five years. This prototypical building includes a drive thru window, prominent signage, ample parking and a neighboring Popeye’s restaurant. The Franchisor, Inspire Brands, is a multi-brand restaurant company and the second largest in the US whose portfolio includes nearly 32,000 restaurants across more than 65 countries.

ATTACHMENTS

10249 East 41st Street - OM - Morgan Stambaugh

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,780 SF
Building Class
B
Year Built
2022
Price
$1,666,666
Price Per SF
$936.33
Cap Rate
6%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.00 AC
Zoning
CS
Frontage
276’ on East 41st Street

AMENITIES

  • Drive Thru

LINKS

  • Pinnacle Real Estate Advisors

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
E 41st St E 53rd St, W 24,232 2023 0.04 mi
E 41st St S 104th East Ave, E 22,637 2025 0.05 mi
East 41st Street E 53rd St, W 24,191 2025 0.05 mi
Representative Sue Tibbs Memorial Highway E 41st St, N 96,684 2025 0.23 mi
Mingo Valley Expy E 41st St, N 100,973 2024 0.24 mi
E 41st St S 100th East Ave, E 20,756 2025 0.25 mi
E 41st St S 109th Ave E, E 26,899 2025 0.34 mi
N Mingo Rd E 42nd St, S 18,733 2025 0.35 mi
US 64;OK 51 S Mingo Rd, W 94,184 2024 0.37 mi
Broken Arrow Expressway S Mingo Rd, W 92,200 2022 0.37 mi

NEARBY MAJOR RETAILERS

Reasor's
Applebee's
Mazzio's
Chase Bank
Walmart Neighborhood Market
Taco Bueno
Herc Rentals
Rent-A-Center
Bank of America
Starbucks

PROPERTY TAXES

Parcel Number 76165-94-19-38800 Improvements Assessment $149,050
Land Assessment $51,700 Total Assessment $200,750

PROPERTY TAXES

Parcel Number
76165-94-19-38800
Land Assessment
$51,700
Improvements Assessment
$149,050
Total Assessment
$200,750

MAP

ADDITIONAL PHOTOS

View Photo Plat Map
  • Listing ID: 33613836

  • Date on Market: 10/23/2024

  • Last Updated: 5/15/2025

  • Address: 10249 41st st, Tulsa, OK 74146