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South Tulsa Business Park 2 Properties Offered at $3,495,000 in Tulsa, OK
Investment Highlights
- Five-building, multi-tenant flex campus paired with a self-storage component, strategically located in South Tulsa.
- Durable concrete tilt-up construction and recent capital improvements mitigate future deferred maintenance risk.
- Exceptional connectivity to I-44 and surrounding arterial roads, adjacent to retail and institutional anchors.
- Over 85% of tenants on short-term or month-to-month leases, creating near-term rent growth opportunities.
- Secure gated environment with keyless entry technology for added asset control and tenant safety.
- Located in a submarket where flex industrial vacancy remains well below national averages with minimal new supply.
Executive Summary
South Tulsa Business Park represents a rare acquisition opportunity in the Midtown Tulsa Submarket, offering a diversified 56,440 SF industrial flex portfolio with an integrated self-storage component. The property consists of five buildings on 3.23 acres, accommodating a mix of light industrial, office, and storage users in suites ranging from 100 to 1,570 SF. Priced at $3,495,000 with a current NOI of $243,956 at 76% occupancy, this asset provides immediate value-add potential through lease-up and rent adjustments, as over 85% of tenants occupy on short-term or month-to-month agreements at rates notably below market.
Constructed with durable concrete tilt-up and masonry accents, the campus benefits from grade-level overhead doors, clear heights of 10’ to 14’, and controlled access via a gated system with keyless entry. Recent capital improvements include roof coating, HVAC system upgrades, door servicing, and drainage enhancements, reducing near-term capital expenditure for the next owner.
Positioned along South Peoria Avenue near 61st Street, this multi-building site enjoys excellent visibility and proximity to key destinations such as I-44, Tulsa International Airport, major medical and educational institutions, and retail corridors. With low Tulsa flex vacancy (approx. 5.7%) and limited new construction, this offering aligns with strong market fundamentals for sustained tenant demand and long-term growth potential.
Constructed with durable concrete tilt-up and masonry accents, the campus benefits from grade-level overhead doors, clear heights of 10’ to 14’, and controlled access via a gated system with keyless entry. Recent capital improvements include roof coating, HVAC system upgrades, door servicing, and drainage enhancements, reducing near-term capital expenditure for the next owner.
Positioned along South Peoria Avenue near 61st Street, this multi-building site enjoys excellent visibility and proximity to key destinations such as I-44, Tulsa International Airport, major medical and educational institutions, and retail corridors. With low Tulsa flex vacancy (approx. 5.7%) and limited new construction, this offering aligns with strong market fundamentals for sustained tenant demand and long-term growth potential.
Property Facts
| Price | $3,495,000 | Status | Active |
| Price / SF | $61.63 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.98% | Total Building Size | 56,710 SF |
| Sale Type | Investment | Total Land Area | 4.23 AC |
| Price | $3,495,000 |
| Price / SF | $61.63 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.98% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 56,710 SF |
| Total Land Area | 4.23 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
South Tulsa Business Park - Flex
6333 S Peoria Ave, Tulsa, OK 74136 |
Flex | 42,742 SF | 1985 | - |
|
South Tulsa Business Park - SS Component
6333 S Peoria Ave, Tulsa, OK 74136 |
Specialty | 13,968 SF | 1985 | - |
Contacts
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Neil Dailey, SIOR -
Kalvin Burghoff -
Dakota Brasher -
MCP / McGraw Commercial Properties
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