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NNN Retail Store with Current Lease
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7418 E Admiral Pl, Tulsa, OK 74115

6,200 SF store built in 2011 with a concrete block and metal roof, currently NN leased to Aaron’s through March 31, 2021.

Property Size6,200 SF
Days on Market122

Property Features for 7418 E Admiral Pl

General Information

Standard status Active
Size 6,200 SF
Property subtype Retail

Additional Details

Traffic Count 18,000 vehicles/day

Building Details

Year Built 2011
Tenancy Single
Listing Agency: Crye-Leike Commercial
Listed By: Matthew Levin · License #19351
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:40AM

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 Crye-Leike Commercial

Investment Insights

Based on property information with market context.

SVN presents a NN leased retail investment opportunity with a lease term through March 31, 2021. The 6,200 SF store is currently leased to Aaron’s, Inc. (NYSE: AAN). The property is described as having a dark retail location, while rent is being paid at $13.73 per SF on a NN basis. Constructed in 2011, the building features concrete block construction and a metal roof.

The asset is positioned along East Admiral Place, a four-lane arterial with a center turn lane and an 18,000+ traffic count. The remarks also note numerous national retailers in the area, including Walmart, CVS, Dollar Tree, and Payless Shoes.

The landlord responsibilities are stated to include roof, structure, parking lot, and HVAC repairs in excess of $1,250 per occurrence.

Key Highlights

  • 6,200 SF retail store constructed in 2011 with concrete block and a metal roof
  • NN leased to Aaron’s Inc. (NYSE: AAN) through March 31, 2021
  • Rent at $13.73/SF NN

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Gym & Fitness Center Electrical Service Hair Salon Spa & Massage Center

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

18,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 19% Hotels & Casinos 1%
QuikTrip Shops & Services
75,365 visits/mo 0.3 miles
Arby's Dining
11,099 visits/mo 0.2 miles
Burger King Dining
7,947 visits/mo 0.2 miles
Blue Beacon Truck Wash Shops & Services
6,480 visits/mo 0.2 miles
Microtel Inn & Suites Hotels & Casinos
516 visits/mo 0.2 miles

Demographics for 74115, OK

24,461
Population
9,583
Households
2.6
Avg Household Size
32
Median Age
9%
College-Educated
72%
High-School Grad
16.0 sq mi
ZIP Area
1,529
Density / Sq Mi
$43,111
Median Household Income
$27,179
Median Earnings
$987
Median Rent
$74,900
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 6,200 SF store built in 2011 with a concrete block and metal roof, currently NN leased to Aaron’s through March 31, 2021.
Where is this retail space located?
The property is located at 7418 E Admiral Pl Tulsa, OK.
What are key features of this property?
This property features: 6,200 SF retail store constructed in 2011 with concrete block and a metal roof; NN leased to Aaron’s Inc. (NYSE: AAN) through March 31, 2021; Rent at $13.73/SF NN
(770) 209-1700 Call to check price and availability
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