South Tulsa Business Park represents a rare acquisition opportunity in the Midtown Tulsa Submarket, offering a diversified 56,440 SF industrial flex portfolio with an integrated self-storage component. The property consists of five buildings on 3.23 acres, accommodating a mix of light industrial, office, and storage users in suites ranging from 100 to 1,570 SF. Priced at $3,495,000 with a current NOI of $243,956 at 76% occupancy, this asset provides immediate value-add potential through lease-up and rent adjustments, as over 85% of tenants occupy on short-term or month-to-month agreements at rates notably below market.
Constructed with durable concrete tilt-up and masonry accents, the campus benefits from grade-level overhead doors, clear heights of 10’ to 14’, and controlled access via a gated system with keyless entry. Recent capital improvements include roof coating, HVAC system upgrades, door servicing, and drainage enhancements, reducing near-term capital expenditure for the next owner.
Positioned along South Peoria Avenue near 61st Street, this multi-building site enjoys excellent visibility and proximity to key destinations such as I-44, Tulsa International Airport, major medical and educational institutions, and retail corridors. With low Tulsa flex vacancy (approx. 5.7%) and limited new construction, this offering aligns with strong market fundamentals for sustained tenant demand and long-term growth potential.