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851 S Sheridan Rd 36,192 SF 100% Leased Retail Building Tulsa, OK 74112 $3,547,825 CAD ($98.03 CAD/SF)
Investment Highlights
- Turnkey Owner-User Opportunity
- Abundant On-Site Parking
- Prominent Sheridan Road Frontage
Executive Summary
The Tashakorian Group of Marcus & Millichap is pleased to present the opportunity to acquire 851 S Sheridan Rd, a retail and warehouse offering totaling 36,192 square feet
in central Tulsa, Oklahoma. The offering includes two steel-construction showroom buildings and a separate 0.49-acre paved parking lot, all offered together for an owner-user or investor.
The main showroom is a two-story, 24,000 square foot building (approximately 12,000 SF per floor), complemented by a 12,192 square foot secondary showroom building.
Both improvements were originally built in 1976 and renovated in 2007, are of steel construction, and include one dock for loading. The property is zoned CS (Commercial
Shopping), which accommodates a broad range of retail and service uses.
The site is currently occupied by Snow's Furniture, whose ownership will vacate the
premises upon sale of the real estate, delivering a clean, fully available campus at close. With prominent frontage along Sheridan Road, ample on-site parking, and
flexible zoning, the offering presents a rare owner-user or repositioning opportunity in an established Tulsa retail corridor.
in central Tulsa, Oklahoma. The offering includes two steel-construction showroom buildings and a separate 0.49-acre paved parking lot, all offered together for an owner-user or investor.
The main showroom is a two-story, 24,000 square foot building (approximately 12,000 SF per floor), complemented by a 12,192 square foot secondary showroom building.
Both improvements were originally built in 1976 and renovated in 2007, are of steel construction, and include one dock for loading. The property is zoned CS (Commercial
Shopping), which accommodates a broad range of retail and service uses.
The site is currently occupied by Snow's Furniture, whose ownership will vacate the
premises upon sale of the real estate, delivering a clean, fully available campus at close. With prominent frontage along Sheridan Road, ample on-site parking, and
flexible zoning, the offering presents a rare owner-user or repositioning opportunity in an established Tulsa retail corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
36,192 SF
Building Class
C
Year Built/Renovated
1976/2007
Price
$3,547,825 CAD
Price Per SF
$98.03 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Slab To Slab
12’
Building FAR
0.54
Lot Size
1.55 AC
Zoning
CS - Commercial Shopping
Parking
100 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
547’ on Sheridan Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 37800-93-02-11760 | Improvements Assessment | $37,246 CAD |
| Land Assessment | $14,159 CAD | Total Assessment | $51,405 CAD |
Property Taxes
Parcel Number
37800-93-02-11760
Land Assessment
$14,159 CAD
Improvements Assessment
$37,246 CAD
Total Assessment
$51,405 CAD
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851 S Sheridan Rd
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