7418 E Admiral Pl Tulsa, OK 74115

Listing agency Crye-Leike Commercial l***@svn.com Show Phone

Listed by Matthew Levin · License #19351

Source Crexi

Added: Apr 10 Updated: Jul 21 at 3:40AM Checked: Jul 21 at 3:40AM

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Investment Insights

Based on property information with market context.

SVN presents a NN leased retail investment opportunity with a lease term through March 31, 2021. The 6,200 SF store is currently leased to Aaron’s, Inc. (NYSE: AAN). The property is described as having a dark retail location, while rent is being paid at $13.73 per SF on a NN basis. Constructed in 2011, the building features concrete block construction and a metal roof.

The asset is positioned along East Admiral Place, a four-lane arterial with a center turn lane and an 18,000+ traffic count. The remarks also note numerous national retailers in the area, including Walmart, CVS, Dollar Tree, and Payless Shoes.

The landlord responsibilities are stated to include roof, structure, parking lot, and HVAC repairs in excess of $1,250 per occurrence.

Key Highlights

• 6,200 SF retail store constructed in 2011 with concrete block and a metal roof
• NN leased to Aaron’s Inc. (NYSE: AAN) through March 31, 2021
• Rent at $13.73/SF NN

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FAQs

What type of property is this?

Retail space - 6,200 SF store built in 2011 with a concrete block and metal roof, currently NN leased to Aaron’s through March 31, 2021.

Where is this retail space located?

The property is located at 7418 E Admiral Pl Tulsa, OK.

What are key features of this property?

This property features: 6,200 SF retail store constructed in 2011 with concrete block and a metal roof; NN leased to Aaron’s Inc. (NYSE: AAN) through March 31, 2021; Rent at $13.73/SF NN