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

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Susan Olivarez shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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