10010 Riverside Pky - Freestanding FOR SALE


Tulsa, OK 74137- South Tulsa
$3,290,000 USD
786-522-7013
10010 Riverside Pky, Tulsa, OK for Sale
$3,290,000 USD
Freestanding - FOR SALE
1/4
null | 6.35% Cap Rate

10010 Riverside Pky
Tulsa, OK 74137
South Tulsa


HIGHLIGHTS

  • Absolute NNN | No Landlord Responsibilities
  • Corporate Guarantee | 450+ Kum & Go Locations
  • Incredible Visibility | Hard Signalized Intersection with 45,500 VPD
  • At the Entrance & Exit Ramps of Creek Turnpike | 36,249 VPD
  • 15-Minutes from Downtown Tulsa
  • Demonstrated Commitment to Site | 19+ Years of Occupancy & Recent Lease Extension

OVERVIEW

Marcus & Millichap is pleased to present for sale this absolute net-leased Kum & Go (Maverik) convenience store and gas station, strategically located at 10010 Riverside Parkway in Tulsa, Oklahoma, just 15 minutes from Downtown Tulsa. The freestanding, single-tenant property features a 5,090 SF convenience store, a liquor store, a canopy with six gas pumps and twelve nozzles, and sits on a large 1.61-acre parcel. The absolute NNN lease is corporate guaranteed by Kum & Go, with more than 450 locations in 13+ states. The tenant has demonstrated strong long-term commitment to the site, evidenced by over 19 years of continuous occupancy and a recent lease extension through December 2029. The location is also undergoing a rebranding to Maverik, following the company’s acquisition by Maverik—an industry-leading convenience store chain known for its high-growth trajectory, customer-focused operations, and strong financial backing. In 2023, Kum & Go was acquired by Maverik, as a strategic initiative to grow the brand and reach. Maverik operates a similar 400 stores across 12 states primarily in the Western region. Combined the two chains will form a dominant position among the convenience store competitors reaching the #12 largest chain with a total of 817 stores and still growing. This site benefits from exceptional visibility at the signalized intersection of Riverside Parkway and E 101st Street, with traffic counts exceeding 45,500 vehicles per day. It also enjoys immediate access to and from the Creek Turnpike, which sees over 36,249 vehicles per day. The surrounding trade area includes strong national co-tenancy such as Outback Steakhouse, Red Robin, The Melting Pot, Home Depot, Five Guys, Walmart Neighborhood Market, Kohl’s, Petco, Starbucks, and many others. The property is located less than two miles from River Spirit Casino & Resort and is proximate to key educational institutions including Oral Roberts University (5,051 students), Spartan College of Aeronautics (708 students), and Jenks East Intermediate Elementary (802 students). The surrounding residential market is growing, with multiple new home communities under development including Enclave at Addison, Glenn Hills, and Pine Valley by Simmons Homes. This offering provides investors with a stable income stream backed by a growing, industry-leading operator, and is well-positioned in a thriving submarket of Tulsa with strong real estate fundamentals and tenant commitment.

FOR SALE DETAILS

PRICE

$3,290,000 USD

PRICE/SF

$646 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

CS

APN/PARCEL ID

71215-83-20-22630

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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