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    6921 E. Admiral Place Tulsa, OK 74115

    Sponsored
    Source: https://www.naisullivangroup.com
    For Lease
    $10 SF/Yr

    Tulsa Retail Center - Sale or Lease

    Lot size:
    39,876 SF

    Description

    Added:
    Apr 1, 2025
    Days on Market:
    280
    This exceptional Tulsa retail property, located at 6921 E. Admiral Place, offers a significant value-add opportunity. The 91,907 square foot shopping center sits on 5.59 acres (more or less) and currently has 39,876 square feet available for lease. The property is zoned commercial and boasts a prime location within a dense trade area, serving a population of 181,000 within a 5-mile radius. Benefit from high daytime traffic counts. Currently, the center is 30% occupied, presenting a chance to increase occupancy and rental income. The available space is described as second-generation box space, providing flexibility for various retail uses. The asking price for the entire center is $6,000,000. Lease terms are negotiable, with a current asking rate of $10.00 per square foot, NNN. This property presents a compelling investment opportunity for those seeking to capitalize on a strong retail market and add value through increased occupancy and lease management. The property's size and location make it an ideal candidate for redevelopment or repositioning. Serious inquiries are encouraged.

    Property Features for 6921 E. Admiral Place

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    39,876 SF
    USF (Usable sq. ft)
    39,876 SF
    Elevators
    N/A
    Total Rate
    33230
    Lease Term
    Negotiable

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime Tulsa location with high daily traffic counts and a dense trade area.
    • 39,876 square feet available for lease or sale in a 91,907 square foot shopping center.
    • $6,000,000 sales price; $10/SF NNN lease rate, terms negotiable.
    Location Intelligence

    Current Use by Public Records

    Conn's HomePlus Electronics Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    State
    Oklahoma
    Longitude
    -95.899498
    Latitude
    36.161715

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    FAQs

    What type of property is this?
    Other retail property - Tulsa Retail Center - Sale or Lease
    Where is this other retail property located?
    The property is located at 6921 E. Admiral Place Tulsa, OK.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Prime Tulsa location with high daily traffic counts and a dense trade area.; 39,876 square feet available for lease or sale in a 91,907 square foot shopping center.; $6,000,000 sales price; $10/SF NNN lease rate, terms negotiable.
    (405) 761-8955
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    6921 E. Admiral Place Tulsa, OK 74115
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    Tulsa, OK 74115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6921 E. Admiral Place Tulsa, OK 74115
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