5950 E Admiral Pl - Office FOR SALE


Tulsa, OK 74115
$899,000 USD
918-517-6220
5950 E Admiral Pl, Tulsa, OK for Sale
$899,000 USD
Office - FOR SALE
1/45
null | Request Cap Rate

5950 E Admiral Pl
Tulsa, OK 74115


HIGHLIGHTS

  • NEW PRICE!! $49/5/sqft or $9/sqft Dirt!
  • New Roof - 2015 with transferable warranty
  • 135+ Parking Spaces - Lighting, Landscaping, Flag Poles
  • ALL NEW HVAC UNITS (or $150K price reduction)
  • ~$60/ sqft Move-in Ready, Optional Mult-Tenancy
  • Proximity to Airport, HWY 244, 10min to Downtown

OVERVIEW

ALL NEW HVAC EQUIPMENT AVAILABLE ($145K value). Price to sell at $45/sqft or ~$8/sqft dirt!! The now vacant Admiral Office Building has been a banking staple along Admiral & Hwy 244, just West of Sheridan for over 50 years. It was built and operated as a Bank of Oklahoma (BOK) and then most recently as a Bank of America (BOA). It has easy access to 244, Tulsa International Airport, and is a 10 min ride to downtown Tulsa. Eight new RTU HVAC units totaling $145K. Haven't been installed - owner can offer new equipment before closing. The 2.52 acre site includes ~135 parking spaces (and room for expansion), mature landscaping, and a 20,000 sqft building which includes drive-thru (East side) and covered entry (West side). The building is designed for multi-tenant use with three distinct suites, each with dedicated commercial glass entrances, private offices and conference space. The downstairs features a large lobby, bank vault, and drive thru. The ~5000 sqft upstairs includes common area restrooms, kitchenette, and additional office space. All finishes are commercial grade. Tours available on request. Call: 918-517-6220.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Bank of America - Admiral @ Sheridan

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

135

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

CH

APN/PARCEL ID

99303-93-03-14660

ASK ABOUT THIS PROPERTY

Thomas CarlsonCarlson GroupMore Info
918-517-6220

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Thomas CarlsonCarlson GroupMore Info
918-517-6220

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