Triple-Net Pharmacy Lease
6116 South Lewis Avenue Tulsa, OK 74136
For Sale
Contact for pricing
Long-term CVS pharmacy site offered on absolute NNN terms with extended firm lease remaining.
Property Size12,290 SF
Price / SF$425.57
Days on Market54
Property Features for 6116 South Lewis Avenue
General Information
- Standard status
- Active
- Size
- 12,290 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing Agency:
Pharma Property Group
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 23 at 11:53AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
The property is a CVS Pharmacy location operating at this address since 2015, offered for sale as an absolute triple net (NNN) lease. Under the lease structure, there are no landlord responsibilities. The lease includes over 14 years of firm term remaining before option periods. The asset is described as a Qualified Indian Reservation Property (QIRP), which provides an accelerated depreciation incentive associated with the property’s classification.
The CVS property is located at 6116 South Lewis Avenue in Tulsa, OK. The site is less than 2 miles from Oral Roberts University and directly across the street from Southern Hills Country Club. It is also located less than 0.5 mile from The Villages at Southern Hills, a senior-living and skilled-nursing community.
This offering is designed for investors seeking a drugstore asset with a long, established tenant footprint and an absolute NNN lease structure that places responsibilities with the tenant. With CVS in place since 2015 and the lease carrying a significant remaining firm term, the property provides a straightforward, tenant-centric ownership profile, alongside a QIRP-related accelerated depreciation incentive.
The CVS property is located at 6116 South Lewis Avenue in Tulsa, OK. The site is less than 2 miles from Oral Roberts University and directly across the street from Southern Hills Country Club. It is also located less than 0.5 mile from The Villages at Southern Hills, a senior-living and skilled-nursing community.
This offering is designed for investors seeking a drugstore asset with a long, established tenant footprint and an absolute NNN lease structure that places responsibilities with the tenant. With CVS in place since 2015 and the lease carrying a significant remaining firm term, the property provides a straightforward, tenant-centric ownership profile, alongside a QIRP-related accelerated depreciation incentive.
Key Highlights
- CVS Pharmacy property at 6116 S Lewis Avenue, Tulsa, OK 74316, built in 2015
- CVS has operated at the location since 2015, with over 14 years of firm term remaining before option periods
- Lease is an absolute triple net (NNN) structure with no landlord responsibilities
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CVS Photo
(Bike/Boat/Book/etc) Store
CDReload - Online Bitcoin ...
Currency Exchange Service
LibertyX Bitcoin ATM
Atm
CVS Pharmacy
Pharmacy
Erika Plyushko
Pharmacy
Similar Off Market Nearby
- Genoa Healthcare — 6400 S Lewis Ave Suite 110, Tulsa, OK 74136
- CVS Pharmacy — 6116 S Lewis Ave, Tulsa, OK 74136
- Rose Room Esthetics — 5553 s lewis ave, tulsa, ok 74105
- Erika Plyushko — 6116 S Lewis Ave, Tulsa, OK 741361001
- Everyone Health — 2431 E 61st St, Tulsa, OK 74136
FAQs
What type of property is this?
Drug store - Long-term CVS pharmacy site offered on absolute NNN terms with extended firm lease remaining.
Where is this drug store located?
The property is located at 6116 South Lewis Avenue Tulsa, OK.
What is the asking price?
The asking price for this property is $5,230,288.
What are key features of this property?
This property features: CVS Pharmacy property at 6116 S Lewis Avenue, Tulsa, OK 74316, built in 2015; CVS has operated at the location since 2015, with over 14 years of firm term remaining before option periods; Lease is an absolute triple net (NNN) structure with no landlord responsibilities
