3711 S Harvard Ave - Retail FOR SALE


Tulsa, OK 74135- Stevenson
$3,780,000 USD
214-674-8126
3711 S Harvard Ave, Tulsa, OK for Sale
$3,780,000 USD
Retail - FOR SALE
1/7
null | 6.5% Cap Rate

3711 S Harvard Ave
Tulsa, OK 74135
Stevenson


HIGHLIGHTS

  • Priced Significantly Below Replacement Cost
  • 100% Occupancy with Long-Term Triple Net Leases
  • 10 Grocery Stores within a 2-mile radius of the Property

OVERVIEW

Priced Significantly Below Replacement Cost – At a price of $287 PSF, this center is offered significantly below replacement cost averages of over $400 PSF (Source: ProEst) 100% Occupancy with Long-Term Triple Net Leases – All but one tenant have NNN leases, allowing an investor to have limited landlord responsibilities and ease of management High Quality 2023 Construction with Ample Parking – Features 3 points of excellent ingress/egress along both South Harvard Road and East 37th Street with ample parking in the front of the center Unmatched Strength of Surrounding Tenants & Sub-Market – The immediate area is home to some of the most dominant retail stores in the state of Oklahoma for annual visitor counts (Source: Placer.AI): • The Southroads Shopping Center (less than 1.5-miles East) is the #3 Ranked Community Center in Oklahoma with over 5 million visits per year and features the #1 Ranked Chick-Fil-A, AMC, Michaels, Schlotzsky’s, Old Navy, and Party City in the State • Home Depot, Academy Sports & Outdoors, Best Buy, and World Market (less than 2-miles East) all rank within the Top 3% of their respective chain locations in the State

FOR SALE DETAILS

PRICE

$3,780,000 USD

PRICE/SF

$612 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3700 Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,336 SF

ZONING

CS

APN/PARCEL ID

42275-93-21-13080

ASK ABOUT THIS PROPERTY

214-674-8126

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214-674-8126

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