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18,522 sqft

$6,150,000

3401 S Peoria Avenue, Tulsa OK, 74105

Price per sqft$332.04
Built in1940
Property size18,522 sqft
Property typeCommercial
Courtesy of Trevin Hoffman, Chinowth & Cohen, (509) 869-2832

Overview

Active

Listed Oct 7, 2026

Updated 3 days ago

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.

Additional information

MLS® ID
2636498

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.17 Acres

Other Property Details

Taxes
$69,164
Tax Frequency
Annually

Courtesy of Trevin Hoffman, Chinowth & Cohen

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor House of Grace Estates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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