3103-3147 S Harvard Ave - Retail FOR SALE


Tulsa, OK 74135- Stevenson
$7,745,000 USD
602-770-3245
3103-3147 S Harvard Ave, Tulsa, OK for Sale
$7,745,000 USD
Retail - FOR SALE
1/11
null | 6.75% Cap Rate

3103-3147 S Harvard Ave
Tulsa, OK 74135
Stevenson


HIGHLIGHTS

  • Walmart Ground Lease and Restaurant Pad Included
  • Hard Corner, Signalized Intersection
  • Low Rental Rates with High Upside Potential
  • Low Price Per Square Foot

OVERVIEW

Newmark Retail Capital Markets is pleased to present the opportunity to acquire Ranch Acres Shopping Center, a 100% leased Walmart anchored center. This 88,023 square foot center is located in a dense infill area in Tulsa, OK. Ranch Acres Shopping Center is situated on the southeast corner of Harvard Ave and 31st St, exposing the property to over 27,000 vehicles on a daily basis. On a hard corner with a lighted intersection, the shopping center shares the corner with a variety of other tenants including Wendy’s, Bank of Oklahoma, and Walgreens. The eight tenants of Ranch Acres Shopping Center are a mix of national and local offering a variety of services. Located only fifteen minutes southwest of the Tulsa International Airport, this property provides a buyer the opportunity to purchase a stable asset in a well-populated area of Tulsa, OK

FOR SALE DETAILS

PRICE

$7,745,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ranch Acres Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

402

LAND DETAILS

LAND ACRES

6.1 AC

LAND SF

265,716 SF

ZONING

CS

APN/PARCEL ID

01450-93-21-01340,01450-93-21-01345

ASK ABOUT THIS PROPERTY

Steve JuliusNewmark, Inc.More Info
602-770-3245

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

Steve JuliusNewmark, Inc.More Info
602-770-3245

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