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505 SE Washington Blvd
Bartlesville, OK 74006

$4,234,000 USD

Restaurant For Sale  •  8,379 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 8,379 SF
  • Lot Size 1.15 AC
  • Building Class C
  • Year Built 2021
  • Cap Rate 7.25 %
  • Tenancy Multiple
  • Zoning C
0 Transit Score
62 Walk Score

Highlights

100% OCCUPIED | STRONG SALES PERFORMANCE: Newly constructed 100% occupied two-tenant retail center anchored by highly successful Bricktown Brewery
(Attractive 7.87% Rent to Sales Ratio) and MedWise Urgent Care (Quiktrip Guarantee)
LONG TERM CORPORATE LEASES: Bricktown Brewery (successful 21-unit chain) will sign a brand new 15-year NNN Lease
8% rental escalations every 5 years at the Close of Escrow. MedWise Urgent Care is wholly owned and further guaranteed by QuikTrip
PAD SITE | TRAFFIC COUNTS: Pad site to an Ollie’s Bargain Outlet, Five Below & Dollar Tree Shopping Center - positioned on a large ±1.15-acre parcel
2025 DEMOGRAPHICS: Total Population (5MI): 43,958 | Average Household Income (1MI): $90,920

Property Flyers

Cap Rate: 7.25 %

Amenities

  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC