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Flex Space with Drive-In Doors
New
For Lease
$12 SF/Yr

3942 South Memorial Drive, Tulsa, OK 74145

Shell-condition space offers build-out flexibility, existing electrical service, and access from two roads.

Space Size16,000 SF
Days on Market4

Property Features for 3942 South Memorial Drive

General Information

Standard status Active
Size 16,000 SF
Net Rentable 16,000 SF
Property subtype Industrial

Space & Availability

Available Space 16,000 SF
Contiguous Space 16,000 SF
Space Use Industrial

Site & Location

Frontage 130 ft
Pylon Signage Yes
Traffic Count 32,000 vehicles/day
Road Access Yes

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 3
Power 200 amps

Amenities

Flexible Build-Out Options
Drive-In Access
14' Clear Height
200 Amp Existing Electrical Service
New Asphalt Parking
Existing Signage Pole

Building Details

Construction CMU block
Listing Agency: CBRE - Tulsa
Listed By: Dwayne Flynn
Source: Cbre
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 4 at 9:15AM

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 CBRE - Tulsa

Investment Insights

Based on property information with market context.

This flex property provides 16,000± square feet in shell condition, with a tenant allowance for build-out available to well-qualified occupiers. The building has CMU block exterior walls, more than 14 feet of clear height, three 12' x 14' drive-in doors, and existing 200-amp electrical service. New asphalt parking and an existing signage pole are also on site.

Access is available from both 40th Street and South Memorial Drive. The property has approximately 130 feet of frontage on South Memorial Drive, where traffic is reported at 32,000± vehicles per day.

Key Highlights

  • 16,000± SF of shell‑condition flex space
  • More than 14 feet of clear height
  • Three 12' x 14' drive‑in doors on the north, south, and west sides

Property Analytics

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Current Use

Oklahoma Army Surplus (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Restaurant Pharmacy

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

14 ft
Clear height
3
Drive-in doors
32,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby
Under-served
Demand for This Use

Demographics for 74145, OK

18,055
Population
8,523
Households
2.1
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,118
Median Household Income
$37,021
Median Earnings
$1,039
Median Rent
$160,700
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

$10.41 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
9,068 SF
Avg Space Size

This space is priced 15% above the average of $10.41 /SF/Yr.

Vacancy Rate% for Industrial in Tulsa, OK

2.6% 2019
2.4% 2020
3.3% 2021
3.9% 2022
3.2% 2023
2.8% 2024
2.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Shell-condition space offers build-out flexibility, existing electrical service, and access from two roads.
Where is this flex space located?
The property is located at 3942 South Memorial Drive Tulsa, OK.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 16,000± SF of shell‑condition flex space; More than 14 feet of clear height; Three 12' x 14' drive‑in doors on the north, south, and west sides
More about this property
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