Skip to main content

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

Cap Rate
6.75%
Gross SF
97,204
Price/Gross SF
$91.07
Lot Size
11.08 acres
Year Built
1986
Rentable SF
97,204

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

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Net Lease

Mattsco - Oklahoma's Leading Pipe Supplier | 2.25% Annual Increases | Tulsa | Bonus Depreciation

Listing Price: $8,852,372

Cap Rate
6.75%
Gross SF
97,204
Price/Gross SF
$91.07
Lot Size
11.08 acres
Year Built
1986
Rentable SF
97,204

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

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

MM Texture Background
MM Textured Background Lower