5440 S 101st Avenue E $4,200,000

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    5440 S 101st Avenue E Tulsa, OK 74146

    • 39,081 sq. ft.
    • 1.55 Acres
    • Commercial
    • MLS# 2417925
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    Views: 71 Days On Site: 185

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    Property Details

    Opportunity to acquire a single tenant industrial asset in Tulsa, OK. Upon closing, the current owner will sign a 3 year NNN lease-back based upon the current market lease value providing a 7.44% Cap Rate. The 39,081 SF building sits on a 1.55 acre site positioned between East 51st Street and East 61st Street and provides great access to Highway 169 and Highway 51 which have traffic counts of over 137,500 VPD and 116,000 VPD respectively. Within the rapidly growing Tulsa Industrial Market this is ideal for a 1031 exchange asset, an investor seeking a low-management NNN asset or a growing company with future user space requirements. The building consists of 3,000 SF of office / showroom space and 36,081 SF of warehouse area with 20??? to 25??? clear height and multiple loading areas featuring a total of 5 dock-high doors and two drive-in doors. 3 Phase 400 Amp 240 Volt power. This is a rare opportunity to acquire an Absolute NNN industrial asset, zero landlord responsibilities, and strong site fundamentals.

    • General Features
      • Security Features Security SystemOwned
      • Tax Annual Amount $30,944
      • Year Built 1976
    • Building Features
      • Building Features Dumpster,Public Restrooms
      • Construction Materials Steel
      • Cooling Central Air
      • Flooring Concrete, Other
      • Foundation Details Slab
      • Green Energy Efficient Other
      • Heating Central, Gas
      • Interior Features High Speed Internet, Kitchenette
      • Levels One
      • Roof Metal
    • Property Features
      • Exterior Features Lighting, Other
      • Fencing None
      • Parking Features Parking Space(s)
      • Sewer Public Sewer
      • Utilities Electricity Available, Natural Gas Available, Phone Available, Water Available
    • Schools
      • School District Union - Sch Dist (9)

    Contact

    Shannon Vaughn

    Shannon Vaughn

    Associate

    138059

    RE/MAX Results

    Mobile Phone: 918-813-0119

    Neighborhood

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    Market Last 30 Days In This Postal Code

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $4,200,000
    5/20/2024 4:11:00 PM New in Database Source: Multiple Listing Service New Value: $4,200,000

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    Information is provided in part by the Tulsa Area Multiple Listing Service of the Northeast Oklahoma Real Estate Services (NORES). Copyright 2024. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified. NORES MLS Internet Data Exchange (IDX) information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.