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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

ATA Martial Arts
Albertsons
City National Bank of OK
Golden Corral
Monterey's Little Mexico

Property Taxes

Property Taxes

Parcel Number
42765-93-11-15270
Land Assessment
$18,949 CAD
Improvements Assessment
$100,457 CAD
Total Assessment
$119,406 CAD
  • Listing ID: 41567538

  • Date on Market: 2026-08-05

  • Last Updated:

  • Address: 1220 S Memorial Dr, Tulsa, OK 74112

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