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Converted Atrium Retail-Office Building
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5840 S Memorial Dr, Tulsa, OK 74145

Converted atrium mall building on a 3.29-acre lot with 566 feet of frontage and street access on three sides.

Property Size66,852 SF
Lot Size3.29 Acres
Price / SF$45.76
Days on Market131

Property Features for 5840 S Memorial Dr

General Information

Standard status Active
Size 66,852 SF
Total Parking Spaces 304
Lot size 3.29 Acres
Property subtype Office, Retail, Mixed Use
Zoning CS, Commercial

Additional Details

Road Access Yes

Building Details

Stories 3
Tenancy Multi
Listing Agency: Equitas Realty Advisors
Listed By: Marco Placencia, CCIM · License #OK 110631
Source: Crexi
Added: Apr 27 Changed: Sep 3 Last Checked: Sep 3 at 12:29AM

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 Equitas Realty Advisors

Investment Insights

Based on property information with market context.

Shadow Mountain was originally constructed as an atrium mall with a restaurant/bar, and was later converted to multi-tenant office use. Commercial (CS) zoning allows a wide range of retail, service, commercial, and office uses.

The 3.29-acre lot offers 566 feet of frontage on South Memorial Dr, with public street access on three sides and six entry/exit points. This configuration supports flexible site circulation for a variety of commercial functions.

The property’s possible uses include retail sales, restaurants, offices, non-profit organizations, ministries, cosmetology school, trade schools, event centers, business incubators, a food court, and commercial service businesses.

Key Highlights

  • Converted atrium mall building, originally constructed as an atrium mall with restaurant/bar before multi‑tenant office use
  • 3.29‑acre lot with 566 ft of frontage on South Memorial Dr.
  • Public street access on three sides with six entry/exit points

Property Analytics

Current Use

Laura K. Taylor, ... Pediatrician Kendra Lincoln Counselor Kimberly Litterell Physician Leslie Keenan Counselor Trey Trotter, LMFT ... Marriage Or Relationship Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Storage Facility Travel Agency Pet Grooming Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby

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

Market

Vacancy Rate% for Office in Tulsa, OK

10.4% 2019
11.7% 2020
12.1% 2021
11.9% 2022
10.4% 2023
9.2% 2024
10.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Converted atrium mall building on a 3.29-acre lot with 566 feet of frontage and street access on three sides.
Where is this office building located?
The property is located at 5840 S Memorial Dr Tulsa, OK.
What is the asking price?
The asking price for this property is $3,059,000.
What are key features of this property?
This property features: Converted atrium mall building, originally constructed as an atrium mall with restaurant/bar before multi‑tenant office use; 3.29‑acre lot with 566 ft of frontage on South Memorial Dr.; Public street access on three sides with six entry/exit points
(918) 280-9900 Call to check price and availability
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