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Retail Space with Elevator Access
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502 E 3rd St, Tulsa, OK 74120

Retail space in a dining and entertainment corridor with an elevator in place for tenant convenience.

Space Size320 SF
Days on Market692

Property Features for 502 E 3rd St

General Information

Standard status Active
Size 320 SF
Property subtype RETAIL
Lease Type Modified Gross

Amenities

Elevator

Spaces For Lease

at 502 E 3rd St
The Boxyard $900/Mo
Floor 2
Size 320 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Highly visible location in a proven dining/entertainment corridor - Within walking distance to key new developments including Santa Fe Square, Vast Bank and The View - Limited occupancy allowing for efficient re-positioning of the asset - Heavy daytime and nighttime traffic driven by nearby office and entertainment venues - Elevator in place
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Listing Agency: Legacy Commercial Property Advisors
Listed By: Jonathan Cowan · License ##201517
Source: Moodyscre
Added: Nov 12, 2024 Changed: Sep 13 Last Checked: Oct 4 at 9:52AM

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 Legacy Commercial Property Advisors

Investment Insights

Based on property information with market context.

This retail space offers an elevator in place and is positioned for a tenant looking to efficiently re-position an asset with limited occupancy. The overall setting is a dining and entertainment corridor with heavy daytime and nighttime traffic generated by nearby office and entertainment uses.

The location also provides walkable access to several nearby developments, including Santa Fe Square, Vast Bank, and The View. This combination of visibility and surrounding activity supports a retail use that benefits from consistent foot traffic.

The space totals 320 SF. It’s a compact option well suited to tenants seeking a centrally located retail footprint with on-site elevator access.

Key Highlights

  • 320 SF retail space
  • Elevator in place
  • Highly visible dining and entertainment corridor

Property Analytics

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Current Use

The Boxyard Tulsa Shopping Center & Mall curacafe Cafe & Coffee Shop Riley's Wine & Spirits (Bike/Boat/Book/etc) Store Sweet Boutique Tulsa Specialty Food Shop Downtown Bodega Convenience ... Grocery & Convenience Store

Suggested Use

Top Pick Auto Parts Store Electrical Service Dental Office (Bike/Boat/Book/etc) Store Pharmacy 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
$5.06 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,754
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 89% Shops & Services 6% Dining 5%
DoubleTree by Hilton Hotel Tulsa Downtown Hotels & Casinos
13,860 visits/mo 0.2 miles
Residence Inn by Marriott Tulsa Downtown Hotels & Casinos
5,304 visits/mo 0.3 miles
Hampton Inn & Suites Tulsa Downtown Hotels & Casinos
4,160 visits/mo 0.3 miles
La Quinta Inn & Suites by Wyndham Tulsa Downtown/Route 66 Hotels & Casinos
3,425 visits/mo 0.2 miles
Arvest Bank Shops & Services
1,766 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tulsa, OK

$21.16 /SF/Yr
Avg Asking Price
$1.84–$42 /SF/Yr
Price Range
10,329 SF
Avg Space Size

This space is priced 60% above the average of $21.16 /SF/Yr.

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 - Retail space in a dining and entertainment corridor with an elevator in place for tenant convenience.
Where is this retail space located?
The property is located at 502 E 3rd St Tulsa, OK.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: 320 SF retail space; Elevator in place; Highly visible dining and entertainment corridor
(918) 728-9672 Call to check price and availability
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