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ABLE Transmission & Auto Care 1220 S Memorial Dr 8,990 SF 100% Leased Retail Building Tulsa, OK 74112 $959,564 ($106.74/SF) 8.50% Cap Rate

Investment Highlights
- Long Term Absolute NNN Lease
- Locally Experienced Automotive & Transmission Operator
- Located in Tulsa, One of Oklahoma’s Premier Markets
- Seventeen (17) Years of Lease Term Remaining
- Annual Scheduled Rental Increases Throughout the Lease Term
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,990 SF
Building Class
B
Year Built
2000
Price
$959,564
Price Per SF
$106.74
Cap Rate
8.50%
NOI
$81,563
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.93 AC
Zoning
CS
Parking
16 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
174’ on Memorial Dr
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 42765-93-11-15270 | Improvements Assessment | $72,138 |
| Land Assessment | $13,607 | Total Assessment | $85,745 |
Property Taxes
Parcel Number
42765-93-11-15270
Land Assessment
$13,607
Improvements Assessment
$72,138
Total Assessment
$85,745
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Contact the Sale Advisor
ABLE Transmission & Auto Care | 1220 S Memorial Dr
