4240-4252 S Peoria Ave - Freestanding FOR SALE


Tulsa, OK 74105- Brookside
$7,300,000 USD
480-622-0050
4240-4252 S Peoria Ave, Tulsa, OK for Sale
$7,300,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

4240-4252 S Peoria Ave
Tulsa, OK 74105
Brookside


HIGHLIGHTS

  • Irreplaceable Urban Infill Real Estate: Located in Midtown Tulsa, where barriers to entry are high and land availability is low
  • Intercept Location: No express car washes north of this site along Peoria Ave into downtown, ensuring exclusive capture of northbound traffic
  • Reactivated High-Traffic Corridor: Restored full traffic flow after the completion and reopening of Peoria Avenue’s multi-phase construction project
  • Retail Anchored Trade Area: Adjacent to Walmart, Whole Foods, Reasor’s and other national anchors, fueling consistent drive-by volume
  • Urban-Suburban Demographic Blend: Strong daily commuter traffic intersects Midtown’s affluent residential base with strong membership growth potential
  • Portfolio Upside or Standalone Strategy: Can be acquired individually or paired with additional QNC-developed express wash assets

OVERVIEW

Commercial Plus, LLC proudly presents the opportunity to acquire a fully operational express car wash in Tulsa, Oklahoma. Since opening in April 2024, this site has quickly established itself as a high-performing asset. The offering includes both the business and the underlying real estate, allowing buyers to secure a fee-simple property that combines a prime urban infill location with a cash-flowing business and long-term real estate appreciation potential. Located on one of Tulsa’s most traveled arterials, this site serves as the final northbound express car wash opportunity before Peoria Avenue enters downtown. There is no direct express wash competition north of the property, giving the location a significant trade area advantage. This advantage is further amplified by the completed multi-phase reconstruction of Peoria Avenue, which has fully restored 25,000+ daily vehicles and expanded lanes for smoother traffic flow. Management is pursuing a full sale of both the business and the real estate. Buyers may choose to acquire this asset as a standalone investment or as part of a two-site Oklahoma market package. Please contact the listing agent to request additional materials. PROPERTY SNAPSHOT • Status: Operating (Opened April 2024) • Lot Size: 0.91 +/- AC • Tunnel Length: 150 FT • Equipment Package: Sonny’s • Pay Lanes: 3 (DRB POS) • Vacuum Stalls: 20 (Vacutech, Self-Serve) ABOUT THE TULSA MARKET Tulsa continues to attract investor attention thanks to its expanding economy, population growth, and ongoing Vision Tulsa infrastructure investment. Population is projected to increase by 27.2% by 2035, while the metro’s GDP has grown over 30% since 2020. Midtown Tulsa’s urban corridors, like Peoria Avenue, are especially sought after due to limited infill opportunities, strong demographics, and high traffic counts. FEE-SIMPLE REAL ESTATE + OPERATIONAL UPSIDE Urban infill car wash sites in Tulsa’s core trade zones are virtually non-existent, particularly ones with fee-simple real estate and an operating platform already in place. The combination of retail-adjacent visibility, daily commuter capture, and long-term asset appreciation creates a multi-dimensional return profile, whether your focus is operations, roll-ups, or stabilized real estate income.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$1,259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Operating Express Car Wash | Tulsa #cw104a-ok

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Peoria Avenue

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

CH

APN/PARCEL ID

01650-92-25-01020

ASK ABOUT THIS PROPERTY

Alexander PavoneCommercial Plus GroupMore Info
480-622-0050

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

Alexander PavoneCommercial Plus GroupMore Info
480-622-0050

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