Absolute NNN Lease Structure: Approximately ±7 years remain on the initial lease term, in addition to two (2), five-year renewal options. The lease is structured on an absolute NNN basis, with the tenant responsible for all maintenance, repairs, and operating expenses, providing stable, passive income.
Attractive Rent Growth: The lease features 7.5% rental increases every five years, with the next escalation scheduled for July 2028. Increases continue throughout the option periods, offering predictable income growth and a built-in hedge against inflation.
Strong Traffic Counts: The property benefits from proximity to Highway 169, which carries traffic counts exceeding 114,000 vehicles per day, and is situated along E 21st Street with approximately 27,000 vehicles per day. This high-visibility location drives sustained consumer demand and long-term revenue stability.
Stable Population Base and Demographics: There are over 540,000 people in a 10-mile radius and the average household income is north of $100,000. Tulsa is the second largest city in Oklahoma and provides investors with strong and consistent demographics

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