Positioned on a signalized hard corner in Tulsa, Oklahoma, this freestanding Walgreens offers a compelling investment opportunity at a price well below replacement cost. The 15,005-square-foot building sits on an oversized 1.66-acre parcel, providing excellent visibility and frontage along N Peoria Avenue and E 46th Street North. With a drive-thru and 86 surface parking spaces, the property is well-equipped for a variety of retail or service uses. Currently a dark store, the tenant remains obligated to pay rent and cover NNN expenses through the end of 2025, offering a low-maintenance income stream while allowing ample time for redevelopment planning. The site’s location within the Tulsa MSA—ranked #54 nationally—benefits from robust projected population growth of 5.5% within a 3-mile radius over the next five years. This demographic momentum, combined with the property’s strategic corner placement and ample lot size, makes it ideal for repositioning into a new retail concept, medical use, or service-oriented business. Investors seeking value-add retail assets will appreciate the below-market pricing at $66.31 PSF and the flexibility to repurpose the site with minimal upfront costs. The surrounding area includes residential neighborhoods, educational institutions like Tulsa Community College Northeast, and strong traffic counts exceeding 15,000 VPD nearby.