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Multi-Use Office Building with Parking
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5840 S Memorial Dr, Tulsa, OK 74145

Converted atrium mall now offers multi-tenant office space with elevator access and extensive on-site parking.

Property Size66,500 SF
Lot Size3.29 Acres
Price / SF$46
Days on Market98

Property Features for 5840 S Memorial Dr

General Information

Standard status Active
Size 66,500 SF
Total Parking Spaces 304
Lot size 3.29 Acres
Property subtype OFFICE
Zoning CS

Additional Details

Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Equitas Realty Advisors LLC
Listed By: Marco Placencia · License #110631
Source: Moodyscre
Added: Apr 27 Changed: Jul 26 Last Checked: Aug 1 at 12:30PM

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 LLC

Investment Insights

Based on property information with market context.

Shadow Mountain was originally constructed as an atrium mall with a restaurant/bar and later converted to multi-tenant office use. The building includes an elevator lobby at the main east entry.

The property sits on a 3.29-acre lot with approximately 566 feet of frontage on South Memorial Dr. It has public street access on three sides with six entry/exit points and offers 304 total parking spaces, including 63 covered garage spaces and 241 surface spaces.

Commercial (CS) zoning supports a wide range of retail, service, commercial, and office uses. The listed possible uses include retail sales, restaurants, offices, non-profit organizations and ministries, cosmetology school and trade schools, event centers, business incubators, food court, and commercial service businesses.

Key Highlights

  • Approximately 66,852 rentable SF, converted from an atrium mall to multi‑tenant office space
  • 3.29‑acre lot with 566’ of frontage on S Memorial Dr
  • CS zoning allows a wide range of retail, service, commercial, and office uses

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

Multi-tenant
Tenancy
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 now offers multi-tenant office space with elevator access and extensive on-site parking.
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: Approximately 66,852 rentable SF, converted from an atrium mall to multi‑tenant office space; 3.29‑acre lot with 566’ of frontage on S Memorial Dr; CS zoning allows a wide range of retail, service, commercial, and office uses
(918) 629-5091 Call to check price and availability
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