601 S Boulder Ave - Office FOR SALE


Tulsa, OK 74119- City Center Tulsa
$7,080,000 USD
539-666-7583
601 S Boulder Ave, Tulsa, OK for Sale
$7,080,000 USD
Office - FOR SALE
1/26
null | Request Cap Rate

601 S Boulder Ave
Tulsa, OK 74119
City Center Tulsa


HIGHLIGHTS

  • Petroleum Club Building in Tulsa’s CBD offers efficient floor plates accompanied by rooftop balconies, sweeping downtown views, & covered parking.
  • Positioned in a historical setting and eligible for up to 40% of improvement costs returned through combined federal and state historic tax credits.
  • Compelling ownership advantages: located within TIF C, a designated Tax Increment Financing district supporting continued downtown investment.
  • Central to Interstate 244, Highway 412, Highway 64, Cherokee Expressway (75), and L L Tisdale Parkway, plus 9 miles from Tulsa International Airport.
  • Within Downtown Tulsa’s vibrant Arts District, a kinetic hub peppered with eccentric eateries, renowned attractions, & premier shopping destinations.

OVERVIEW

Since 1963, the Petroleum Club Building (PCB) at 601 S Boulder Avenue has been one of Downtown Tulsa’s most recognized addresses. Named for the prestigious private club that occupied its top three floors, this 16-story, 196-foot tower offers 118,000 square feet of usable space and up to 166 on-site covered parking spaces. As a contributing structure to the Oil Capital Historic District, the Petroleum Club Building is eligible for up to 40% of its improvement costs to be returned through combined federal and state historic tax credits. Additionally, the PCB sits within TIF C, one of several Tax Increment Finance (TIF) districts that make up the broader Downtown Tulsa TIF area. Accessibility and convenience are the bread and butter of the Petroleum Club Building, sitting directly central to the Inner Dispersal Loop in Tulsa’s Central Business District (CBD). This positioning allows commuters and visitors to reach the office with ease, welcomed with approximately 166 on-site covered parking spaces. Business travel is further enhanced via Tulsa International Airport, which lies just 9 miles away. The revitalized Downtown Tulsa area offers an exceptional quality of life, boasting rich Art Deco Architecture and world-class attractions, such as the renowned Gathering Place Park, the BOK Arena, ONEOK Field, the Performing Arts Center (PAC), Guthrie Green, and the Greenwood District-Greenwood Rising Museum, to name a few. Tulsa is home to a talented workforce, with 35% of residents within 1 mile of 601 S Boulder Avenue holding a bachelor’s degree or higher. Tulsa is gaining momentum as a sought-after hub for new and emerging businesses, thanks to an abundance of outdoor recreation, diverse culinary experiences, and a robust arts scene. Reach out today to join the bustling scene and claim a historic piece of Tulsa’s Central Business District with the Petroleum Club Building.

FOR SALE DETAILS

PRICE

$7,080,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Petroleum Club Building (PCB)

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

16

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

166

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,996 SF

ZONING

CBD

APN/PARCEL ID

00500-92-01-40940

ASK ABOUT THIS PROPERTY

Jim StephensJames P. Stephens, LLCMore Info
539-666-7583

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

Jim StephensJames P. Stephens, LLCMore Info
539-666-7583

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