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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6808 Memorial Dr Tulsa, OK 74133

223,000 SF 22 ac lot Built 1986
Property ID
Property summary
AI-generated overview

The Village at Woodland Hills is a 223,000-square-foot, Class B retail shopping center in Tulsa County's Tulsa submarket, situated on 22 acres of land. Built in 1986 and renovated in 2019, this multi-tenant property offers 29 suites, with a minimum divisible space of 1,100 square feet and a maximum contiguous space of 8,300 square feet. Currently, 20,000 square feet of space is available. The center boasts a strong tenant mix including Cinergy Entertainment, Shogun's Steak House, Sun & Ski Sports, Tandy Leather, Loony Bin Comedy Club, and Vintage Stock, attracting significant foot traffic. With over 1,200 parking spaces and a prime location on Memorial Drive, the property benefits from high visibility and accessibility. The center enjoys a daily traffic count exceeding 30,000 cars, further enhanced by its proximity to the intersection of 71st and Memorial, which sees over 61,000 cars daily. Its strategic location across from Woodland Hills Mall, a major super-regional mall with high retail sales, and the upcoming construction of a large Scheels Sporting Goods store, promises increased traffic and economic activity in the area. The property is zoned CS and features one elevator. Improvements completed in 2019 include new awnings, restriped and resealed parking lot, and LED lighting. Cinergy Entertainment's 62,000-square-foot complex anchors the center, offering a diverse entertainment experience.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1986
Total area 223,000 SF
Lot 22 ac (958,320 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Humana MarketPoint Insurance Agency
  • Spot Lite Entertainment Party Supply Store Rental Equipment Company
  • Sylvan Learning of Tulsa Tutoring Service
  • Homeowners Insurance Agency Insurance Agency
  • Timothy Heer - Humana Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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