405-445-7528
1007 E Admiral Blvd, Tulsa, OK for Sale
Manufacturing - FOR SALE
1/11
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1007 E Admiral Blvd
Tulsa, OK 74120
Pearl District


HIGHLIGHTS

  • Functional utility and replacement cost advantage.
  • 12 bridge cranes (up to 10-ton capacity.
  • 7-mile access to Tulsa International Airport.
  • Property lies within an Opportunity Zone

OVERVIEW

106,000 SF Tulsa Industrial Stabilized Income + Heavy Power + OZ & TIF Upside This is a 106,000 SF heavy-industrial facility on 4.72 acres, renovated in 2024 & 2026 which is compelling for a renovated, infill industrial asset with durable tenancy. What truly differentiates this property is its functional utility and replacement cost advantage. The building offers 21’ & 24’ clear height, 12 bridge cranes (up to 10-ton capacity), multiple dock-high and drive-in doors, and 3-Phase, 3,000-Amp power— with welder disconnects throughout are features that are extremely difficult and expensive to replicate today. New roof last year, completely reskinned and new LED lighting replacement. At a basis near $56/SF, the asset trades well below modern replacement cost for comparable industrial products with this level of infrastructure. Location further strengthens the investment profile. The site sits less than 1 mile from Downtown Tulsa, immediately adjacent to I-244, US-75, and US-412, with 7-mile access to Tulsa International Airport—a true infill logistics and manufacturing location along with active rail access. Additionally, the property lies within an Opportunity Zone & TIF Incentives offering potential tax advantages depending on the buyer’s structure. In short, this asset combines: • Stabilized income at an attractive going-in yield • Renovated, heavy-power industrial infrastructure • Below-replacement cost basis • Infill Tulsa location with OZ & TIF benefits We believe these fundamentals strongly support value at and above the $6.25MM level, particularly for a long-term holder.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

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

24 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

Dustin EllerOKRE Commercial AdvisorsMore Info
405-445-7528

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Dustin EllerOKRE Commercial AdvisorsMore Info
405-445-7528

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