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4971 S Memorial Dr
Tulsa, OK 74145
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Recent 10 Year Lease Extension with added Increases Every Five Years
  • 8.57% Increase in Year 6, 5.26% Increase at Renewal, 10% Increases at Options Thereafter
  • NOI of $175,000
  • Corporate Guaranteed Lease by Walgreens Boots Alliance (NASDAQ: WBA)
  • 10+ Years Remaining Lease Term
  • 29 Year Operational History with Fresh 10 Year Extension

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,420 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.90 AC
Zoning
IL

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34725-93-25-08800
Land Assessment
$33,825
Improvements Assessment
$140,763
Total Assessment
$174,588
  • Listing ID: 28489155

  • Date on Market: 5/15/2023

  • Last Updated:

  • Address: 4971 S Memorial Dr, Tulsa, OK 74145

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