Shopping Center And Warehouse | 1201-1217 S Memorial Dr
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Shopping Center And Warehouse 1201-1217 S Memorial Dr
21,000 SF 100% Leased Retail Building Tulsa, OK 74112 $1,600,000 ($76/SF) 8.98% Cap Rate
Investment Highlights
- Lots of natural light.
- Good Potential.
- Heavy Daytime Foot Traffic.
Executive Summary
Two Properties Shopping center and Warehouse.
Good Investment Opportunity!!!!
Good Investment Opportunity!!!!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
21,000 SF
Building Class
C
Year Built
1968
Price
$1,600,000
Price Per SF
$76
Cap Rate
8.98%
NOI
$143,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Land Acres
1.59 AC
Zoning
CS - Commercial Shopping
Parking
40 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
246 FT on Memorial Dr
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 14625-93-12-00560 | Total Assessment | $46,661 |
| Land Assessment | $18,128 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $28,533 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
14625-93-12-00560
Land Assessment
$18,128
Improvements Assessment
$28,533
Total Assessment
$46,661
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
-
Ramzi Salha - Al Rayyan Properties LLC
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Shopping Center And Warehouse | 1201-1217 S Memorial Dr
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