Retail Business for Sale in Tulsa, OK
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Tulsa, OK 74116
- Year built: 1986
Description
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 Ware
Market Context
This retail in Tulsa, OK is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1986. It has been on the market for 68 days. Compare it against other retail listings for sale in Tulsa, OK — <a href="/search/sale/retail/oklahoma/tulsa">view the full market</a>.
As of Q4 2023, the Tulsa retail market showed a 0.7% vacancy rate, average asking rents near $18.59/SF/yr, and rents up 0.2% year over year. Source: Cushman & Wakefield Q4 2023 market report.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Tulsa retail market tightening or softening?
- Vacancy is around 0.7% (Q4 2023).
Unified Estimate
Very Low Confidence$30.93/SF – $41.84/SF
Mid: $36.38/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market pittsburgh (similarity: 100%) with 13 comparable listings.
Contact
- Alvin N. Mansour · (858) 373-3184 · alvin.mansour@marcusmillichap.com
- Jon Talia · (858) 373-3186 · jonathan.talia@marcusmillichap.com
- Tim Speck · (918) 294-6300
Explore this market
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