NNN Leased REI Investment Property

6936 S Elwood Ave, Tulsa, OK

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For Sale

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NNN leased REI in Tulsa, OK with 15-year lease.

Type:RETAIL

Property size:

22,788 SF

Lot size:

35.57 Acres

Price / SF:

$433/SF

HighLights

Absolute NNN lease with zero landlord responsibilities, offering a management‑free investment.
Brand new 15‑year lease term with REI, indicating a strong commitment to the location.
Features 10% rental increases every 5 years, providing steadily growing NOI and inflation hedging.
Includes 4 (5‑year) options to extend the lease term.
Fee simple interest (land & building ownership) is included in the acquisition.
Located in Tulsa, Oklahoma.

We can help!

Listing Contact

Matthew Mousavi

For Sale

Contact for pricing

NNN leased REI in Tulsa, OK with 15-year lease.

Type:RETAIL

Property size:

22,788 SF

Lot size:

35.57 Acres

Price / SF:

$433/SF

Added:: Nov 28, 2024
Days on Market:: 564
Last Refresh:: May 20 at 9:23 pm

Property Features for 6936 S Elwood Ave

General Information

Standard status: Active
Size: 22,788 SF
Lot size: 35.57 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Matthew Mousavi

Listing agent Matthew Mousavi License #CA 01732226

Listing office SRS Industrial - Newport Beach

Listing date Nov 28, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach

HighLights

Absolute NNN lease with zero landlord responsibilities, offering a management‑free investment.
Brand new 15‑year lease term with REI, indicating a strong commitment to the location.
Features 10% rental increases every 5 years, providing steadily growing NOI and inflation hedging.
Includes 4 (5‑year) options to extend the lease term.
Fee simple interest (land & building ownership) is included in the acquisition.
Located in Tulsa, Oklahoma.

Overview

This property offers the opportunity to acquire the fee simple interest in an absolute NNN leased REI investment property located in Tulsa, Oklahoma. The tenant, REI, recently signed a new 15-year lease with four 5-year options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The property contains 22788 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Tulsa
County: Creek
State: Oklahoma
Longitude: -95.9942
Latitude: 36.063

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For sale
Retail space
OK
Tulsa
6936 S Elwood Ave

What type of property is this?

Retail space - NNN leased REI in Tulsa, OK with 15-year lease.

Where is this retail space located?

The property is located at 6936 S Elwood Ave Tulsa, OK.

What is the asking price?

The asking price for this property is $9,875,000.

What are key features of this property?

This property features: Absolute NNN lease with zero landlord responsibilities, offering a management‑free investment.; Brand new 15‑year lease term with REI, indicating a strong commitment to the location.; Features 10% rental increases every 5 years, providing steadily growing NOI and inflation hedging.

6936 S Elwood Ave, Tulsa, OK

NNN leased REI in Tulsa, OK with 15-year lease.

Property Features for 6936 S Elwood Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Tulsa Commercial Investment Opportunity

Office Building with Call Center Setup

Downtown Tulsa Commercial Opportunity

Versatile Commercial Building in Tulsa

Tulsa Commercial Building For Sale

Institutional Campus with Gymnasium

Tulsa Church with Soccer Field

Tulsa Church on One Acre

Multi-Use Property in Tulsa, OK

Multi-Office Commercial Building

Tulsa Commercial Investment Opportunity

Tulsa Church on Peoria Avenue

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