4130 Peoria Ave Tulsa, OK 74105
- Turn key restaurants
- 3,000 SF
- 0.23 lot acres
Current Use by Public Records
- Take 5 Oil Change / Oil Change Service
Property Details for 4130 Peoria Ave
- Year built
- 1950
- Construction
- WOOD FRAME
- Lot size
- 0.23 lot acres
- Property size
- 3,000 SF
- Zone code
- CH
- Property type
- Turn key restaurants
- APN
- 01650-92-25-00870
- APU
- 1650922500870
Description
This exceptional investment opportunity presents a 4.80% cap rate shopping center located at 4130 S Peoria Ave in Tulsa, Oklahoma, within the highly desirable Brookside district. The property is offered at an asking price of $1,750,000. This unsubordinated ground-leased property benefits from a strong 20-year primary lease term, featuring a 10% rent increase every five years, ensuring consistent and growing income. Rent commencement is scheduled for March 2024. Situated in Tulsa's premier shopping, dining, and lifestyle corridor, Brookside boasts some of the city's highest underlying land values, providing significant long-term appreciation potential. The property's strategic location within this thriving area guarantees high visibility and accessibility, attracting a substantial customer base. This retail shopping center represents a compelling investment opportunity for discerning buyers seeking a stable, high-performing asset in a prime Tulsa location with a secure, long-term lease. The property's strong fundamentals and attractive cap rate make it an ideal addition to any diversified portfolio. The zip code is 74105, and the property is located in Tulsa County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.9761
- Latitude
- 36.1034
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA
