Listing Agency: Walman Commercial Real Estate Services Show Phone

Listed By: Justin Brown · License #160445 Show Phone

Source: Moodyscre

Added: Feb 14, 2023 Changed: Jul 30 Last Checked: Aug 5 at 1:06PM

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Investment Insights

Based on property information with market context.

This endcap storefront is positioned on the hard corner of 1st & Greenwood and offers 115 linear feet of storefront. The available space measures 2,550 SF and includes onsite parking for customer or employee use.

The immediate area features a mix of office and housing development, and the property is supported by substantial existing nearby employment and residential base. An additional 50 apartment units are onsite, and there is over 150,000 SF of office space across three adjacent properties.

For retailers and service users looking for strong street-facing presence within a live-work environment, the storefront frontage and surrounding office and residential density support a built-in customer base.

Key Highlights

• Endcap location on the hard corner of 1st & Greenwood
• 115 linear feet of storefront
• 2,550 SF available storefront space

Property Analytics

Current Use

Tulsa Construction Licenses City Government Office Tulsa Neighborhood Inspections City Government Office Sweet Lisa's Cafe Restaurant Same Good Hair Salon 111 Greenwood Apartments Apartment Building

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Daycare Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

3,122

Businesses Nearby

26k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 67% Dining 29% Shops & Services 4%

Fairfield Inn & Suites by Marriott Tulsa Downtown Hotels & Casinos

7,797 visits/mo 0.4 miles

Hotel Indigo Tulsa Dwtn-Entertainment Area, An Ihg Hotel Hotels & Casinos

6,754 visits/mo 0.2 miles

Jinya Ramen Bar Dining

6,088 visits/mo 0.3 miles

Holiday Inn Express Downtown Tulsa - Greenwood District Hotels & Casinos

2,886 visits/mo 0.2 miles

Kilwin's Dining

1,550 visits/mo 0.2 miles

Demographics for 74120, OK

5,037

Population

3,308

Households

1.5

Avg Household Size

37

Median Age

52%

College-Educated

92%

High-School Grad

2.1 sq mi

ZIP Area

2,399

Density / Sq Mi

$66,280

Median Household Income

$46,823

Median Earnings

$1,071

Median Rent

$415,300

Median Home Value

Market

Lease Benchmarks for Tulsa, OK

$20.41 /SF/Yr

Avg Asking Price

$15.12–$22.17 /SF/Yr

Price Range

2,906 SF

Avg Space Size

Vacancy Rate% for Retail in Tulsa, OK

7.2% 2019

7.6% 2020

6.6% 2021

5.6% 2022

5.2% 2023

5.6% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Endcap storefront with onsite parking, positioned on a hard corner with nearby office and residential activity.

Where is this storefront property located?

The property is located at 111 S Greenwood Ave Tulsa, OK.

What are key features of this property?

This property features: Endcap location on the hard corner of 1st & Greenwood; 115 linear feet of storefront; 2,550 SF available storefront space