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End Cap Space For Lease 6402-6408 S Peoria Ave
2,400 SF of Office/Retail Space Available in Tulsa, OK 74136
Highlights
- Located in Opportunity Zone
- Ideal for a retailer, non-profit, or medical practitioner serving the lower income population.
- Corner End cap Space
- Served by excellent Rapid Transit Bus System.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 6402 | 2,400 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $24,000 /YR $2,000 /MO | Modified Gross |
1st Floor, Ste 6402
2,400 SF End Cap space offers frontage and exposure to both 64th Street and South Peoria. Currently a "Shell Space" which the landlord can finish to meet the tenant's requirements .
- Listed rate may not include certain utilities, building services and property expenses
- Central Air Conditioning
- End Cap Space with excellent exposure
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 6402-6408 S Peoria Ave , Tulsa, OK 74136
Property Type | Retail | Year Built | 1965 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 6.7/1,000 SF |
Gross Leasable Area | 5,520 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 5,520 SF |
Year Built | 1965 |
Parking Ratio | 6.7/1,000 SF |
About the Property
2,400 SF End Cap space currently in a shell condition and in an opportunity zone. Located on a corner lot offering good exposure to both 64th Street and South Peoria. Tenants pay all utilities. The CAM cost above the base rent is estimated to be $1.80 per sq. ft. See Layout plan attached. Because the adjacent tenant is "WIC" (Women, Infants and Children) operated by the Tulsa County Health department. The space is well suited for Non-profit organizations, a medical practitioner or retailer serving the lower income population. The property also offers immediate access to a rapid transit bus system. Currently a Shell space which can be finished out per Tenant requirements. Good local Landlord who is responsive to maintenance issues. The Owner will also consider a sale of the property at a price of $500,000.
- 24 Hour Access
- Corner Lot
- Signage
- Air Conditioning
Nearby Major Retailers
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End Cap Space For Lease | 6402-6408 S Peoria Ave
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