Property Highlights
| Location: | 11110 E Admiral Pl, Tulsa, OK 74116 |
| Land Size: | 1.75 acres |
| Small Space Dimensions: | 18×60 ft. depth=1,080 Sq. Ft. |
| Zoning: | Commercial Shopping (CS) |
| Price: | $795,000 |
| Building Size: | Approx. 17,240 sq. ft. |
| Traffic Count: | 9,352 cars per day on Admiral Pl. |
| Age: | Completed in 1955 |
Property Description
The property is in good overall condition. With the exception of the car wash tenant on a ground lease which has an annual increase based on the CPI index, all other nine (9) leases are short term, (month to month or one year maximum) which allows for rent increases. The property will soon be 100% occupied when two pending leases are signed. Leases provide for the Landlord to pay taxes, and insurance.
Tenants pay all utilities. Owner’s standard form lease provides for the Tenant to be responsible for HVAC maintenance and repairs up to a $300 CAP per occurrence. The short term leases also make this a good owner-occupied opportunity. Contact the listing broker for additional information. Please do NOT disturb the Tenants.
Demographic Snapshot
Property Images
All statements herein are for information purposes only and are believed to be reliable.
However, no warranty or representation is made as to the accuracy thereof, and the same is submitted subject to errors, omissions, changes of price, terms, conditions or prior sale.