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$4,200,000
1.55± Acres
Active
Tulsa County, OK
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5440 101st, Tulsa, Oklahoma

MLS ID: 2417925
Status: Active
Price: $4,200,000
Acres: 1.55±
Type: Business, Commercial
Address: 5440 101st
City, State: Tulsa, OK
County: Tulsa County
ZIP Code: 74146
Lat/Long: 36.085081, -95.864529
Parcel Number: 77505-94-31-46280
SqFt: 39,081
Year Built: 1976

Description

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.

Directions: East on 55th Pl from Mingo, second left onto S 101st E Ave. Property on your left.

Additional Information

Interior

Building Area Total: 39,081
Cooling (Yes/no): Yes
Cooling: Central Air
Flooring: Concrete, Other
Heating (Yes/no): Yes
Heating: Central, Gas
Interior Features: High Speed Internet, Kitchenette
Living Area Source: Public Records

Exterior

Exterior Features: Lighting, Other
Foundation Details: Slab
Frontage Length: 250
Lot Size Area: 2
Lot Size Square Feet: 67,704
Parking Features: Parking Spaces
Roof: Metal
Stories: 1
Water Source: Public

Financial/HOA/Schools

Days On Market: 184
Elementary School District: Union - Sch Dist (9)
Middle School District: Union - Sch Dist (9)
High School District: Union - Sch Dist (9)
Tax Annual Amount: 30944
Zoning Description: IL

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Richard Senn

Richard Senn

Jenks, Oklahoma

(918) 600-7509

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of December 3, 2024 at 12:00:00 PM UTC.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Brian Frere of Keller Williams Preferred

1776 Land Company

1776 Land Company

918-571-4100 • 10880 South 49th West Avenue, Sapulpa, OK 74066

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Fathom Realty

Fathom Realty OK, LLC. | 24800 Chrisanta Dr. Mission Viejo, CA 47938 | (877) 704-1766 | Licensed in Oklahoma

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