3401 S Peoria Avenue, Tulsa, OK 74105

Property 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.