3401 S Peoria AVE, Tulsa, OK 74105
3401 S Peoria AVE, Tulsa, OK 74105
3401 S Peoria AVE, Tulsa, OK 74105
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$6,150,000
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18,522 SqFt
Pending

3401 S Peoria AVE Tulsa, OK 74105

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Key Details

Property Type Commercial

Sub Type Building

Listing Status Pending

Purchase Type For Sale

Square Footage 18,522 sqft

Price per Sqft $332

Subdivision Olivers Addn

MLS Listing ID 2636498

HOA Y/N No

Total Fin. Sqft 18522

Year Built 1940

Annual Tax Amount $69,164

Tax Year 2025

Lot Size 1.171 Acres

Acres 1.171

Property Sub-Type Building

Property Description

Rare opportunity to acquire a fully occupied retail investment in the heart of Brookside, one of Tulsa's most established and sought-after retail and dining districts. Positioned along this high-traffic corridor, the property benefits from exceptional visibility, convenient access, and a strong mix of surrounding restaurants, retailers, and neighborhood amenities. The 18,522-square-foot (AP) center sits on approximately 1.17 acres and is 100% occupied, providing immediate and diversified cash flow at an attractive 7.0% going-in cap rate. The tenant roster includes a mix of established operators, and two tenants have recently executed new 10-year leases, further strengthening the property's long-term income profile. In addition to its stabilized income, the property offers meaningful value-add potential through the development of approximately 2,800 additional square feet of retail space, creating an opportunity to increase NOI and enhance the investment's overall yield. Approximately 80 on-site parking spaces provide a significant competitive advantage in Brookside's highly walkable but parking-constrained trade area.
A combination of stabilized cash flow, long-term tenancy, irreplaceable Brookside positioning, and identifiable development upside makes this a compelling Tulsa retail investment opportunity.

Location

State OK

County Tulsa

Community Sidewalks

Interior

Interior Features High Speed Internet, Kitchenette, Vaulted Ceiling(s), Programmable Thermostat

Heating Central, Gas

Cooling Central Air, 3+ Units

Flooring Carpet, Concrete, Wood

Fireplace No

Appliance Water Heater

Heat Source Central, Gas

Exterior

Exterior Feature Irrigation Sprinklers, Landscaping

Parking Features Assigned, Parking Space(s), On Street

Fence Chain Link

Community Features Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Building

Building Description Stucco, Door Sign,Dumpster,Public Restrooms

Foundation Slab

Lot Size Range 1.171

Sewer Public Sewer

Water Public

Structure Type Stucco

Schools

School District Tulsa - Sch Dist (1)

Others

Tax ID 30675-93-19-09710

Security Features Security System Owned,Smoke Detector(s)

Acceptable Financing Conventional

Listing Terms Conventional


Listed by Chinowth & Cohen

NEARBY SCHOOL & BUSINESS

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Dee Ann Chatham

Dee Ann Chatham

+1(580) 220-8250

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3401 S Peoria AVE