5440 S 101st East Ave - Warehouse FOR SALE


Tulsa, OK 74146
$4,200,000 USD
918-298-6900
5440 S 101st East Ave, Tulsa, OK for Sale
$4,200,000 USD
Warehouse - FOR SALE
1/35
null | 7.44% Cap Rate

5440 S 101st East Ave
Tulsa, OK 74146


HIGHLIGHTS

  • Industrial (Manufacturing) - Absolute NNN Leased Asset - Johnstone Supply
  • Property Available for Owner/User after 3 Year Lease-back
  • Strong Site Fundamentals – 39,081 SF Building on 1.55 Acre Site
  • Building Specification: 3,000 SF Office & 36,081 SF Warehouse
  • 22’ to 25’ Clear Height – 2 Loading Areas (5 Dock High plus Drive-in Doors)
  • Easy Access to Major Transportation Arteries – Hwy 169 (137,500+ VPD) & East 61st St S (31,500+ VPD)

OVERVIEW

Brian Frere with KW Commercial is pleased to offer an opportunity to acquire a single tenant industrial asset in Tulsa, OK. Upon closing, the current owner will sign a 3 year NNN lease-back based upon the current market lease value providing a 7.44% Cap Rate. The 39,081 SF building sits on a 1.55 acre site positioned between East 51st Street and East 61st Street and provides great access to Highway 169 and Highway 51 which have traffic counts of over 137,500 VPD and 116,000 VPD respectively. Within the rapidly growing Tulsa Industrial Market this is ideal for a 1031 exchange asset, an investor seeking a low-management NNN asset or a growing company with future user space requirements. The building consists of 3,000 SF of office / showroom space and 36,081 SF of warehouse area with 20’ to 25’ clear height and multiple loading areas featuring a total of 5 dock-high doors and two drive-in doors. 3 Phase 400 Amp 240 Volt power. This is a rare opportunity to acquire an Absolute NNN industrial asset, zero landlord responsibilities, and strong site fundamentals.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

7.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

22 Ft

DOCKS

5

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.55

LAND SF

67,704

ZONING

IL

APN/PARCEL ID

77505-94-31-45760,77505-94-31-46280

ASK ABOUT THIS PROPERTY

Brian FrereKW CommercialMore Info
918-298-6900

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Brian FrereKW CommercialMore Info
918-298-6900

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