6134 Memorial Dr Tulsa, OK 74133-1933
- Turn key restaurants
- 650 SF
- 0.56 lot acres
Current Use by Public Records
- Ziggi's Coffee / Coffee Shop / Breakfast Restaurant
Property Details for 6134 Memorial Dr
- Year built
- 2018
- Construction
- WOOD FRAME
- Lot size
- 0.56 lot acres
- Property size
- 650 SF
- Zone code
- CS
- Property type
- Turn key restaurants
- APN
- 39314-83-02-18370
- APU
- 39314830218370
Description
This exceptional drive-thru restaurant opportunity in Tulsa, Oklahoma, boasts a flexible footprint ranging from 650 to 1,800 square feet on a 0.56-acre lot. Its prime location on South Memorial Drive offers unparalleled visibility and accessibility, benefiting from approximately 26,740 vehicles per day (VPD). The property's strategic positioning near the signalized intersection of 61st Street and Memorial Drive further enhances its appeal, with a combined VPD exceeding 80,940. This location is directly across from a T.J. Maxx-anchored shopping center and within walking distance of several major retail destinations, including an ALDI-anchored center, a Walmart Supercenter-anchored center, Village at Woodland Hills (featuring Cinergy Entertainment Complex and Sun & Ski Sports), Woodland Hills Mall (anchored by Dillard's, JCPenney, and Macy's), and a WinCo Foods-anchored center. The property's proximity to St. Francis Hospital (a 1,112-bed acute care facility), Union High School (with 3,337 students), and numerous other retail centers anchored by major brands like Sam's Club, Home Depot, Best Buy, Lowe's, Target, Kohl's, Hobby Lobby, Pan-Asia Supermarket, and Cinemark, ensures a robust customer base. Highway 169 (Mingo Valley Expressway), with its 124,300 VPD, is also within close proximity. The drive-thru-only model optimizes space, reduces operational costs, and minimizes staffing needs. Two drive-thru lanes provide efficient customer flow. This property presents a unique opportunity for a thriving restaurant business in a high-demand area. The property is located in Tulsa County, Oklahoma, with the address being 6134 S Memorial Dr, Tulsa, OK 74133.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,655,000
- 6.5%
- $1,630,000
- 7%
- $1,735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,515,000
- Geo Method
- $1,610,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,505,000
- Retail
- $1,740,000
- Mixed-Use
- $1,705,000
- Hospitality
- $1,990,000
- Educational
- $2,050,000
- Residential Income
- $1,830,000
- Energy
- $1,735,000
- Income-Based Land
- $1,505,000
- Food Service
- $1,690,000
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.8871
- Latitude
- 36.0743
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA
