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Highlights

  • Located on E 51st Street in Midtown Tulsa with direct access to major arteries including I-44 and the Skelly Bypass.
  • Over 2 acres of land offering surface parking and redevelopment potential for a variety of retail or restaurant concepts.
  • Supported by a robust trade area with approximately 247,734 residents and 176,086 daytime employees within five miles.
  • Positioned within a dense retail corridor and surrounded by national brands such as QuikTrip, Outback Steakhouse, Sonic, and Taco Bell.
  • Strong visibility complemented by traffic counts exceeding 92,000 VPD on nearby highways and arterial roads.
  • Surrounded by hospitality operators including Hilton Garden Inn, Holiday Inn Express, and Comfort Inn, adding consistent visitor flow.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 7,812 SF
  • 5-25 Years
  • $35.00 /SF/YR $2.92 /SF/MO $273,420 /YR $22,785 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
January 01, 2027
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • After Hours HVAC Available
Space Size Term Rental Rate Rent Type
1st Floor 7,812 SF 5-25 Years $35.00 /SF/YR $2.92 /SF/MO $273,420 /YR $22,785 /MO Triple Net (NNN)

1st Floor

Size
7,812 SF
Term
5-25 Years
Rental Rate
$35.00 /SF/YR $2.92 /SF/MO $273,420 /YR $22,785 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
January 01, 2027

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • After Hours HVAC Available

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 4525 E 51st St, Tulsa | Restaurant

  • Tenant
  • Description
  • US Locations
  • Reach
  • Red Lobster
  • Accommodation and Food Services
  • -
  • -
Tenant Description US Locations Reach
Red Lobster Accommodation and Food Services - -

Property Facts

Total Space Available 7,812 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 7,812 SF
Year Built 1976
Parking Ratio 6.14/1,000 SF

About the Property

This 7,812 SF second-generation restaurant building is available for lease in Midtown Tulsa, positioned on approximately 2.08 acres along East 51st Street. The property offers exceptional flexibility for continued full-service restaurant operations or redevelopment as a freestanding pad site. Located in one of Tulsa’s most active retail corridors, the site boasts strong visibility and accessibility with more than 92,000 vehicles per day on I-44, 78,500 VPD on the Skelly Bypass, and over 47,000 VPD along Yale Avenue. The building features ample surface parking and is surrounded by a vibrant mix of national retailers and hospitality operators that drive consistent customer traffic. Nearby businesses include QuikTrip, Outback Steakhouse, Sonic, and Taco Bell, with additional support from hotels such as Hilton Garden Inn and Holiday Inn Express. The location benefits from dense residential and daytime populations, with over 247,000 residents and 176,000 employees within five miles, making it a prime draw for retail and restaurant users seeking sustained visibility and strong area demographics.

  • 24 Hour Access
  • Controlled Access
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Dutch Bros
Red Lobster
Saltgrass Steak House
Freddy's Frozen Custard & Steakburgers
Outback Steakhouse
Pei Wei
Bank Of Oklahoma
BancFirst
Orangetheory Fitness
Planet Fitness
  • Listing ID: 40040581

  • Date on Market: 4/5/2026

  • Last Updated:

  • Address: 4525 E 51st St, Tulsa, OK 74135

Contact the Leasing Agent

4525 E 51st St, Tulsa | Restaurant | 4525 E 51st St

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