Active
5440 S 101st Avenue E
Tulsa OK, 74146
$4,200,000
$107.47 per sqft
Active
39,081 sqft
Commercial
Built in 1976
Opportunity to acquire a single tenant industrial asset in Tulsa, OK. Upon closing, the current owner will sign a 3 year NNN lease-back based upon the current market lease value providing a 7.44% Cap Rate.
The 39,081 SF building sits on a 1.55 acre site positioned between East 51st Street and East 61st Street and provides great access to Highway 169 and Highway 51 which have traffic counts of over 137,500 VPD and 116,000 VPD respectively. Within the rapidly growing Tulsa Industrial Market this is ideal for a 1031 exchange asset, an investor seeking a low-management NNN asset or a growing company with future user space requirements. The building consists of 3,000 SF of office / showroom space and 36,081 SF of warehouse area with 20' to 25' clear height and multiple loading areas featuring a total of 5 dock-high doors and two drive-in doors. 3 Phase 400 Amp 240 Volt power. This is a rare opportunity to acquire an Absolute NNN industrial asset, zero landlord responsibilities, and strong site fundamentals.
2417925
MLSⓇ ID
May 20, 2024
Listed
November 22, 2024
Updated
Map
5440 S 101st Avenue E
Tulsa OK, 74146
Interior Features
Total Stories
1
Interior Features
High Speed Internet, Kitchenette
Floor Description
Concrete, Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Gas
Exterior/Building Features
Lot Size
1.55 Acres
Exterior Features
Lighting, Other
Roof
Metal
Sewer
Public Sewer
School Information
School District
Union - Sch Dist (9)
Other Property Details
Taxes
$30,944
Tax Frequency
Annually
Days on Market
184
Garage
No
Parking
Parking Space(s)
View
No
County
Tulsa
Water Source
Public
Pool
No
Courtesy of Brian Frere, Keller Williams Preferred
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