1007 E Admiral Blvd - Manufacturing FOR SALE


Tulsa, OK 74120- Pearl District
$6,000,000 USD
858-373-3288
1007 E Admiral Blvd, Tulsa, OK for Sale
$6,000,000 USD
Manufacturing - FOR SALE
1/11
null | 8.91% Cap Rate

1007 E Admiral Blvd
Tulsa, OK 74120
Pearl District


HIGHLIGHTS

  • Full Occupancy by Two Tenants
  • Attractive Cap Rate
  • Property Freshly Renovated In 2024

OVERVIEW

The Tashakorian Group at Marcus & Millichap proudly offers an exceptional investment opportunity on 1007 E Admiral Blvd in Tulsa, Oklahoma—a unique chance to own an industrial site prominently located on the I-244 with visibility f rom highway 75 North. The building is a 106,000 square foot industrial facility on a 4.72-acre site. Built in 1930 and extensively updated in 2024, this property includes a new roof over the manufacturing space and an updated exterior. It features several advantageous amenities: Multiple Drive-in doors, Two Dock doors with levelers, a 21-foot ceiling clearance in the manufacturing area, a robust 3-Phase, 3000-Amp electrical service, 12 Bridge Cranes with a 12-foot hook height, and ample parking for over 250 vehicles. It's zoned IM (Industrial Medium) in Tulsa County and is within an Opportunity Zone. The current owners are proposing a 5-year sale-leaseback for 67,412 SF of the space, with the remaining 38,588 SF leased to Ventaire, a manufacturer of prefabricated homes and pharmacies. This investment is ideal for an investor looking to add an income producing property to their portfolio within Tulsa's strong industrial market.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

8.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Braden

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

Gas

CLEAR CEILING HT

21 Ft

DOCKS

6

DRIVE INS

10

PARKING SPACES

42

LAND DETAILS

LAND ACRES

4.72

LAND SF

205,603

ZONING

IM

APN/PARCEL ID

03325-92-01-00210

ASK ABOUT THIS PROPERTY

Ali ValiahdiMarcus & MillichapMore Info
858-373-3288

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Ali ValiahdiMarcus & MillichapMore Info
858-373-3288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.