Office Warehouse
1007 E Admiral Blvd
1007 E Admiral Blvd, Tulsa, OK 74120
Listing Price: $6,000,000
Investment Overview
Marcus & Millichap proudly offers an exceptional investment opportunity on 1007
E Admiral Blvd in Tulsa, Oklahoma—a unique chance to own an industrial site prominently located on the
I-244 with visibility from highway 75 North.
The building is a 106,000 square foot industrial facility
on a 4.72-acre site. Built in 1930 and extensively updated in 2024, this property includes a new roof over
the manufacturing space and an updated exterior. It features several advantageous amenities: Multiple
Drive-in doors, Two Dock doors with levelers, a 21-foot ceiling clearance in the manufacturing area, a robust
3-Phase, 3000-Amp electrical service, 12 Bridge Cranes with a 12-foot hook height, and ample parking for over 250 vehicles. It's zoned IM (Industrial Medium) in Tulsa County and is within an Opportunity Zone. The current owners are proposing a 5 to 7-year sale-leaseback for 67,412 SF of the space, with the remaining 38,588 SF leased to Ventaire, a manufacturer of prefabricated homes and pharmacies.
This investment is ideal for an investor looking to add an income producing property to their portfolio within Tulsa's strong industrial market.
Investment Highlights
- Full occupancy by two tenants with Net Lease agreements
- Attractive 9.00% Cap Rate
- Guaranteed annual rent increases of 3% plus two 5-year extension options
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $6,000,000
Investment Highlights
- Full occupancy by two tenants with Net Lease agreements
- Attractive 9.00% Cap Rate
- Guaranteed annual rent increases of 3% plus two 5-year extension options
Investment Overview
Marcus & Millichap proudly offers an exceptional investment opportunity on 1007 E Admiral Blvd in Tulsa, Oklahoma—a unique chance to own an industrial site prominently located on the I-244 with visibility from highway 75 North. The building is a 106,000 square foot industrial facility on a 4.72-acre site. Built in 1930 and extensively updated in 2024, this property includes a new roof over the manufacturing space and an updated exterior. It features several advantageous amenities: Multiple Drive-in doors, Two Dock doors with levelers, a 21-foot ceiling clearance in the manufacturing area, a robust 3-Phase, 3000-Amp electrical service, 12 Bridge Cranes with a 12-foot hook height, and ample parking for over 250 vehicles. It's zoned IM (Industrial Medium) in Tulsa County and is within an Opportunity Zone. The current owners are proposing a 5 to 7-year sale-leaseback for 67,412 SF of the space, with the remaining 38,588 SF leased to Ventaire, a manufacturer of prefabricated homes and pharmacies. This investment is ideal for an investor looking to add an income producing property to their portfolio within Tulsa's strong industrial market.