851 S Sheridan Rd - Freestanding FOR SALE


Tulsa, OK 74112- McClure Park
$2,500,000 USD
970-396-0290
851 S Sheridan Rd, Tulsa, OK for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

851 S Sheridan Rd
Tulsa, OK 74112
McClure Park


HIGHLIGHTS

  • Turnkey Owner-User Opportunity
  • Prominent Sheridan Road Frontage
  • Abundant On-Site Parking

OVERVIEW

The Tashakorian Group of Marcus & Millichap is pleased to present the opportunity to acquire 851 S Sheridan Rd, a retail and warehouse offering totaling 36,192 square feet in central Tulsa, Oklahoma. The offering includes two steel-construction showroom buildings and a separate 0.49-acre paved parking lot, all offered together for an owner-user or investor. The main showroom is a two-story, 24,000 square foot building (approximately 12,000 SF per floor), complemented by a 12,192 square foot secondary showroom building. Both improvements were originally built in 1976 and renovated in 2007, are of steel construction, and include one dock for loading. The property is zoned CS (Commercial Shopping), which accommodates a broad range of retail and service uses. The site is currently occupied by Snow's Furniture, whose ownership will vacate the premises upon sale of the real estate, delivering a clean, fully available campus at close. With prominent frontage along Sheridan Road, ample on-site parking, and flexible zoning, the offering presents a rare owner-user or repositioning opportunity in an established Tulsa retail corridor.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

CS

APN/PARCEL ID

37800-93-02-11760,37800-93-02-11770,37800-93-02-12580

ASK ABOUT THIS PROPERTY

Peter EltaebMarcus & MillichapMore Info
970-396-0290

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Peter EltaebMarcus & MillichapMore Info
970-396-0290

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