10010 Riverside Pkwy, Tulsa, OK 74137-2300
This exceptional investment opportunity presents a fee-simple, Class A, single-tenant, absolute NNN-leased property encompassing a 5,090 square-foot gas station, convenience store, and auto shop. Located at 10010 Riverside Pkwy, Tulsa, OK 74137, on a 1.61-acre lot, this property boasts a strong financial profile with a 6.25% cap rate and a net operating income (NOI) of $208,916. The property features six gas pumps and benefits from a highly visible location on Riverside Parkway, experiencing 32,967 vehicles per day, and near the Creek Turnpike's eastbound ramp (66,373 vehicles daily). The current lease with Kum & Go, L.C. commenced on December 29, 2006, and has a remaining term of 5.1 years, with four five-year renewal options. Rent increases by five percent every five years throughout the base term and options. The property was built in 2006 and is zoned for commercial use. The asking price is $3,344,000 ($656.97 per square foot). The property is eligible for bonus depreciation, offering significant tax advantages. The surrounding area demonstrates strong demographics, with an average household income exceeding $134,000 within one mile, and a population of over 165,311 within five miles, projected to grow by 2.8% by 2028. This is a rare opportunity to acquire a stable, high-performing asset in a thriving market. The property's location and lease terms provide a secure and lucrative investment for discerning buyers.
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Kum & Go Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CS · Tulsa, OKTulsa. Always verify with local authorities before improvements.
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.