4955 Memorial Dr Tulsa, OK 74145
This exceptional retail property, located at 4955 S Memorial Dr, Tulsa, OK 74145, offers 10,589 square feet of immediately available space within a larger 27,500 square foot building. Situated on a 2.81-acre lot at the northeast corner of South Memorial Drive and East 51st Street, this single-story, 1974-built center benefits from high visibility and excellent street frontage on both major thoroughfares. Units range from 656 to 3,600 contiguous square feet, making it suitable for a variety of retail uses, including salons, general retail, and event centers. The property is zoned CH and is conveniently located in Tulsa County. The center boasts a strong anchor tenant, Walgreens, situated on the hard corner, driving significant foot traffic and retail draw. The area also features a high concentration of automobile dealerships within a one-mile radius, including luxury brands like Lexus, Cadillac, Range Rover, Audi, Lincoln, Jeep, and GMC. A new Chevrolet dealership is under construction across the street, further enhancing the area's retail appeal and projected growth. Utilities are available. This is a rare opportunity to secure prime retail space in a thriving Tulsa neighborhood. Contact us today to learn more about leasing options.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.