Retail Business for Sale in Broken Arrow, OK
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Broken Arrow, OK 74012
Description
3120 W Kenosha St., Broken Arrow, OK. 1 of 4 Previous Next ← Move left → Move right ↑ Move up ↓ Move down + Zoom in - Zoom out Broken Arrow, Oklahoma Broken Arrow, Oklahoma View on Google Maps Custom Imagery This image is no longer available Keyboard shortcuts Map Data © 2026 Google © 2026 Google Terms Report a problem Gallery (4) View Map Street View × Dairy Queen – High Traffic Location (29,000 VPD) in Tulsa MSA Close Investment Highlights LONG-TERM ABSOLUTE NNN LEASE WITH INCREASES: The property is secured by a 25-year absolute NNN lease with 22 years remaining, guaranteed by DND Central, Inc. ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 10% rent increases in 2027 and 2% annually thereafter, with four (4) five-year renewal options. HIGH-TRAFFIC LOCATION: Strategically positioned on Kenosha Street (29,000 VPD) the site benefits from high daily traffic counts, dense residential developments, and proximity to retail hubs. POSITIONED IN TULSA MSA – A FAST-GROWING ECONOMY: Broken Arrow is part of the Tulsa MSA, one of the fastest-growing metro areas in the U.S., with a regional population exceeding 2.7 million. STRONG NATIONAL TENANT: With over 7,700 locations worldwide and a brand valuation of approximately $4.5 billion, Dairy Queen continues to expand its presence, particularly in the U.S. and Canada. Investment Highlights: • LONG-TERM ABSOLUTE NNN LEASE WITH INCREASES: The property is secured by a 25-year absolute NNN lease with 22 years remaining, guaranteed by DND Central, Inc. • ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 10% rent increases in 2027 and 2% annually thereafter, with four (4) five-year renewal options. • HIGH-TRAFFIC LOCATION: Strategically positioned on Kenosha Street (29,000 VPD) the site benefits from high daily traffic counts, dense residential developments, and proximity to retail hubs. • POSITIONED IN TULSA MSA – A FAST-GROWING ECONOMY: Broken Arrow is part of the Tulsa MSA, one of the fastest-growing met
Market Context
This retail in Broken Arrow, OK is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Broken Arrow, OK — <a href="/search/sale/retail/oklahoma/broken-arrow">view the full market</a>.
As of Q4 2023, the Tulsa retail market showed a 0.7% vacancy rate, average asking rents near $18.59/SF/yr, and rents up 0.2% year over year. Source: Cushman & Wakefield Q4 2023 market report.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Tulsa retail market tightening or softening?
- Vacancy is around 0.7% (Q4 2023).
Unified Estimate
Very Low Confidence$30.93/SF – $41.84/SF
Mid: $36.38/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market pittsburgh (similarity: 100%) with 13 comparable listings.
Contact
- Peter Deltondo · (949) 419-3200 · peter.deltondo@marcusmillichap.com
- Tim Speck · (918) 294-6300
- Ronald J. Balys · (716) 445-7581 · ron.balys@marcusmillichap.com
Explore this market
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