Net Lease
Mattsco - Oklahoma's Leading Pipe Supplier | 2.25% Annual Increases | Tulsa | Bonus Depreciation
1111 N 161st E Ave, Tulsa, OK 74116
Listing Price: $8,852,372
Investment Overview
The subject property is located within Tulsa’s established northeast industrial corridor, a long-standing hub for warehouse, distribution, manufacturing, and wholesale supply operations serving the Tulsa metropolitan area and greater northeastern Oklahoma region. This submarket benefits from a mature industrial base, well-developed infrastructure, and sustained demand driven by logistics, trade services, and regional distribution users.
Northeast Tulsa offers strategic access to key transportation arteries, including US-412, I-244, and US-169, allowing efficient east–west and north–south movement throughout Oklahoma and into surrounding states. The corridor’s proximity to Tulsa International Airport further enhances its appeal for time-sensitive freight, regional logistics, and supply-chain operations requiring multimodal transportation optionality.
The area is characterized by a dense concentration of industrial employers, freight operators, contractors, and service-oriented businesses, reinforcing long-term tenant demand and supporting a deep labor pool with experience in logistics, manufacturing, and skilled trades. Compared to higher-cost industrial nodes in larger metro areas, Tulsa provides a compelling cost advantage, with lower operating expenses, competitive labor costs, and limited congestion, while still maintaining regional connectivity.
Industrial zoning, established utilities, and a predominantly industrial land-use environment reduce entitlement risk and support uninterrupted operations, making the corridor attractive for both owner-users and investors seeking durable industrial real estate fundamentals. Additionally, limited infill land availability and rising replacement costs have strengthened the competitive position of existing industrial assets within the submarket.
Investment Highlights
- Absolute Net Lease feat. 2.25% Annual Rental Increases throughout the Initial Term & Option. Long-Term Single-Tenant Industrial Facility. Utilized as a Warehouse, Manufacturing & Distribution Center.
- Positioned Along Area's Traffic and Industrial Corridor: Features Easy Access and Excellent Visibility - Immediate Access to/from US-412/Interstate 44 (73k+ VPD).
- Mattsco Supply Company is a Consistent Leader in the Supply of Industrial, Commercial, and Oilfield Pipe, Valves, Fittings and Flanges with Nearly 50 Years in the Business.
- Strategically Positioned near Major Highway Corridors, including Direct Access to US-412 and Proximity to I-244 and US-169, enabling Efficient Inbound Freight, Regional Distribution, and Seamless Connectivity Across Tulsa, Oklahoma, and Mid-Continent Logistics Markets.
- Tulsa Offers a Business-Friendly Industrial Environment with Central U.S. Positioning, Excellent Highway and Airport Connectivity, a Skilled Labor Base, and Cost Advantages that Continue to Attract Distribution, Manufacturing, and Logistics Users.
- Situated within Tulsa's Well-Established Northeast Industrial Corridor - the Property Benefits from Close Proximity to Regional Suppliers, Industrial Services, Transportation Infrastructure, and a Deep Labor Base.
- Minutes from Tulsa International Airport - Air Cargo Facilities Supporting Time-Sensitive Freight, Expedited Distribution, and Regional Logistics Operations Serving Oklahoma and Mid-Continent Markets.
- Well Configured Industrial Asset Historically Utilized for Manufacturing, Machining, Fabrication, and Equipment Intensive Operations, featuring Adaptable Layouts, Clear Spans, and Infrastructure Capable of Supporting Demanding Industrial Workflows. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Net Lease
Mattsco - Oklahoma's Leading Pipe Supplier | 2.25% Annual Increases | Tulsa | Bonus Depreciation
Listing Price: $8,852,372
Investment Highlights
- Absolute Net Lease feat. 2.25% Annual Rental Increases throughout the Initial Term & Option. Long-Term Single-Tenant Industrial Facility. Utilized as a Warehouse, Manufacturing & Distribution Center.
- Positioned Along Area's Traffic and Industrial Corridor: Features Easy Access and Excellent Visibility - Immediate Access to/from US-412/Interstate 44 (73k+ VPD).
- Mattsco Supply Company is a Consistent Leader in the Supply of Industrial, Commercial, and Oilfield Pipe, Valves, Fittings and Flanges with Nearly 50 Years in the Business.
- Strategically Positioned near Major Highway Corridors, including Direct Access to US-412 and Proximity to I-244 and US-169, enabling Efficient Inbound Freight, Regional Distribution, and Seamless Connectivity Across Tulsa, Oklahoma, and Mid-Continent Logistics Markets.
- Tulsa Offers a Business-Friendly Industrial Environment with Central U.S. Positioning, Excellent Highway and Airport Connectivity, a Skilled Labor Base, and Cost Advantages that Continue to Attract Distribution, Manufacturing, and Logistics Users.
- Situated within Tulsa's Well-Established Northeast Industrial Corridor - the Property Benefits from Close Proximity to Regional Suppliers, Industrial Services, Transportation Infrastructure, and a Deep Labor Base.
- Minutes from Tulsa International Airport - Air Cargo Facilities Supporting Time-Sensitive Freight, Expedited Distribution, and Regional Logistics Operations Serving Oklahoma and Mid-Continent Markets.
- Well Configured Industrial Asset Historically Utilized for Manufacturing, Machining, Fabrication, and Equipment Intensive Operations, featuring Adaptable Layouts, Clear Spans, and Infrastructure Capable of Supporting Demanding Industrial Workflows. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Investment Overview
The subject property is located within Tulsa’s established northeast industrial corridor, a long-standing hub for warehouse, distribution, manufacturing, and wholesale supply operations serving the Tulsa metropolitan area and greater northeastern Oklahoma region. This submarket benefits from a mature industrial base, well-developed infrastructure, and sustained demand driven by logistics, trade services, and regional distribution users. Northeast Tulsa offers strategic access to key transportation arteries, including US-412, I-244, and US-169, allowing efficient east–west and north–south movement throughout Oklahoma and into surrounding states. The corridor’s proximity to Tulsa International Airport further enhances its appeal for time-sensitive freight, regional logistics, and supply-chain operations requiring multimodal transportation optionality. The area is characterized by a dense concentration of industrial employers, freight operators, contractors, and service-oriented businesses, reinforcing long-term tenant demand and supporting a deep labor pool with experience in logistics, manufacturing, and skilled trades. Compared to higher-cost industrial nodes in larger metro areas, Tulsa provides a compelling cost advantage, with lower operating expenses, competitive labor costs, and limited congestion, while still maintaining regional connectivity. Industrial zoning, established utilities, and a predominantly industrial land-use environment reduce entitlement risk and support uninterrupted operations, making the corridor attractive for both owner-users and investors seeking durable industrial real estate fundamentals. Additionally, limited infill land availability and rising replacement costs have strengthened the competitive position of existing industrial assets within the submarket.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division