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.