Shopping Center with On-Site
New
For Sale
$6,150,000
3401 S Peoria Avenue, Tulsa, OK 74105
Commercial, Tulsa, OK
Property Size18,522 SF
Lot Size1.17 Acres
Price / SF$332.04
Days on Market1
Property Features for 3401 S Peoria Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CH
Parking features
Assigned
Security features
Security System
Interior features
High Speed Internet, Mini-Kitchen, Public Restrooms, Security System-Owned, Smoke Detector, Vaulted Ceiling
Exterior features
Door Sign, Dumpster, Professional Landscaped, Sidewalk, Sprinkler System
Fencing
Chain Link
Subdivision
Olivers addn
Elementary school district
Tulsa - Sch Dist (1)
Middle school district
Tulsa - Sch Dist (1)
High school district
Tulsa - Sch Dist (1)
Directions
Proceed south on Peoria from 31st St. The building is located on the corner of S Peoria and E 34th St.
Standard status
Active
APN
30675-93-19-09710
Size
18,522 SF
Lot size
1.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LTS 3 - 5 BLK 2 Olivers Add
Tax Annual Amount
69164
Legal Description
LTS 3 - 5 BLK 2 Olivers Add
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1940
Flooring type
Wood, Concrete, Carpet
Building materials
Stucco
Roof type
Composition
Listing Agency:
Chinowth & Cohen
(918) 392-0900
Listed By:
Trevin Hoffman · License #212343
(509) 869-2832
Added: Oct 7
Last Checked: Oct 7 at 2:06PM
MLS# 2636498
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 18,522-square-foot shopping center occupies 1.171 acres in Tulsa’s Brookside district. The property is fully occupied, with two tenants having signed new 10-year leases. Zoning is designated CH, and approximately 2,800 square feet of additional retail development is identified as a possibility. The site also has approximately 80 parking spaces.
Located on S Peoria Avenue in Brookside, the center is surrounded by restaurants, retailers, and neighborhood amenities. The property was built in 1940 and has central heating and air conditioning, public restrooms, and a security system.
Located on S Peoria Avenue in Brookside, the center is surrounded by restaurants, retailers, and neighborhood amenities. The property was built in 1940 and has central heating and air conditioning, public restrooms, and a security system.
Key Highlights
- 18,522 square feet on 1.171 acres
- 100% occupied
- Two tenants signed new 10‑year leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,750
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,095,000
$4.1M
Cap Rate 7%
$2,925,000
$2.9M
Cap Rate 9%
$2,275,000
$2.3M
Market Conditions
NOI Build-Up for 18,522 SF
Gross rent
$311.2K $16.80/SF
− Vacancy
−$18.7K −$1.01/SF
EGI
$292.5K $15.79/SF
− OpEx
−$87.7K −$4.74/SF
NOI
$204.7K $11.05/SF
Area
ZIP 74105
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,095,000
Cap Rate 7%
$2,925,000
Cap Rate 9%
$2,275,000
Alternative Uses
Best Use
Retail
$2.92M
$2.56M – $3.41M
NOI $204,750 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.53M
$3.97M – $5.29M
NOI $317,393 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
188k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 31%
Dining 26%
Shops & Services 20%
Apparel 18%
Trader Joe's
Groceries
57,959 visits/mo
0.3 miles
QuikTrip
Shops & Services
33,748 visits/mo
0.2 miles
lululemon athletica
Apparel
24,833 visits/mo
0.1 miles
Raising Cane's Chicken Fingers
Dining
24,087 visits/mo
0.3 miles
Starbucks
Dining
8,605 visits/mo
0.1 miles
Demographics for 74105, OK
26,640
Population
14,531
Households
1.8
Avg Household Size
41
Median Age
49%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
3,649
Density / Sq Mi
$69,864
Median Household Income
$47,580
Median Earnings
$989
Median Rent
$318,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tulsa, OK
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Similar Off Market Nearby
- Consortium — 3509 S Peoria Ave, Tulsa, OK 74105
- Center 1 — 3509 S Peoria Ave, Tulsa, OK 74105
Frequently Asked Questions
What type of property is this?
Shopping center - The retail center is fully leased and includes zoning designated CH.
Where is this shopping center located?
The property is located at 3401 S Peoria Avenue Tulsa, OK.
What is the asking price?
The asking price for this property is $6,150,000.
What are key features of this property?
This property features: 18,522 square feet on 1.171 acres; 100% occupied; Two tenants signed new 10‑year leases
