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ABLE Transmission & Auto Care 1220 S Memorial Dr 8,990 SF 100% Leased Retail Building Tulsa, OK 74112 $1,331,299 CAD ($148.09 CAD/SF) 8.50% Cap Rate

Investment Highlights
- Long Term Absolute NNN Lease
- Locally Experienced Automotive & Transmission Operator
- Located in Tulsa, One of Oklahoma’s Premier Markets
- Seventeen (17) Years of Lease Term Remaining
- Annual Scheduled Rental Increases Throughout the Lease Term
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,990 SF
Building Class
B
Year Built
2000
Price
$1,331,299 CAD
Price Per SF
$148.09 CAD
Cap Rate
8.50%
NOI
$113,160 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.93 AC
Zoning
CS
Parking
16 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
174’ on Memorial Dr
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 42765-93-11-15270 | Improvements Assessment | $100,457 CAD |
| Land Assessment | $18,949 CAD | Total Assessment | $119,406 CAD |
Property Taxes
Parcel Number
42765-93-11-15270
Land Assessment
$18,949 CAD
Improvements Assessment
$100,457 CAD
Total Assessment
$119,406 CAD
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ABLE Transmission & Auto Care | 1220 S Memorial Dr
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