USAOKTulsaOlivers Addn3401 S Peoria Ave
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$6,150,000

For Sale

2 days ago

3401 S Peoria Ave, Tulsa, OK

House

MLS® 2636498

0 Bed

0 Bath

18522 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 18522 sqft
Garage 
Taxes $69,164
Days Active 2
Lot Size 1.171 Acres
Approx. Age 1940
Avg. Price Per Sqft $332
MLS® Number 2636498

Property Address: 3401 S Peoria Ave, Tulsa, OK, 74105-2526

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a fully occupied retail investment in the heart of Brookside, one of Tulsa's most established and sought-after retail and dining districts. Positioned along this high-traffic corridor, the property benefits from exceptional visibility, convenient access, and a strong mix of surrounding restaurants, retailers, and neighborhood amenities. The 18, 522-square-foot (AP) center sits on approximately 1.17 acres and is 100% occupied, providing immediate and diversified cash flow at an attractive 7.0% going-in cap rate. The tenant roster includes a mix of established operators, and two tenants have recently executed new 10-year leases, further strengthening the property's long-term income profile. In addition to its stabilized income, the property offers meaningful value-add potential through the development of approximately 2, 800 additional square feet of retail space, creating an opportunity to increase NOI and enhance the investment's overall yield. Approximately 80 on-site parking spaces provide a significant competitive advantage in Brookside's highly walkable but parking-constrained trade area. A combination of stabilized cash flow, long-term tenancy, irreplaceable Brookside positioning, and identifiable development upside makes this a compelling Tulsa retail investment opportunity.
MLS® Number2636498
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
Basement
DrivewayAssigned, Parking Spaces, On Street
Garage Spaces
HeatCentral, Gas
A/CCentral Air, Three Or More Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 7, 2026List Date
$6,150,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jan 20, 2026List Date
$5,612List Price
  • Commute

Commute

Starting Address
Destination Address
3401 S Peoria Ave, Tulsa, OK

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