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5524 E 12th St 104,028 SF 100% Leased Industrial Building Tulsa, OK 74112 $4,495,000 ($43.21/SF) 7.10% Cap Rate
EXECUTIVE SUMMARY
The offering consists of a single tenant 72,428 SF industrial masonry
warehouse, renovated in 2017.
The property is conveniently located 6 miles from Tulsa
International Airport, just 5 miles from Downtown Tulsa and less than a
mile from the Tulsa State Fairgrounds.
The current tenant is one of the largest furniture retailers in
the state of Oklahoma and family owned for almost 50 years.
This property is critical and serves as a distribution center to its
numerous retail locations from OKC and Enid to Tulsa.
The tenant is in a 10 yr NNN lease with 7 ½ years remaining and 2%
annual escalation increases YOY throughout the lease.
This investment boasts a great opportunity for a secure investment with
value add in the future in a rapidly growing
market.
warehouse, renovated in 2017.
The property is conveniently located 6 miles from Tulsa
International Airport, just 5 miles from Downtown Tulsa and less than a
mile from the Tulsa State Fairgrounds.
The current tenant is one of the largest furniture retailers in
the state of Oklahoma and family owned for almost 50 years.
This property is critical and serves as a distribution center to its
numerous retail locations from OKC and Enid to Tulsa.
The tenant is in a 10 yr NNN lease with 7 ½ years remaining and 2%
annual escalation increases YOY throughout the lease.
This investment boasts a great opportunity for a secure investment with
value add in the future in a rapidly growing
market.
PROPERTY FACTS
AMENITIES
- Bus Line
- Fenced Lot
- Security System
- Yard
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5524 E 12th St
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