2015 21,400 (14) 19,100 (14) E 41st St S Peoria Ave 244 Sonoma Bistro & Wine Bar Doc’s Wine & Food Hibiscus Caribbean Bar & Grill Shades of Brown Coffee & Art Downtown Tulsa Midtown The Enclave at Brookside Arkansas River The University of Tulsa Gillette Historic District Yorktown Historic District Swan Lake Historic District Bryn Mawr Maple Ridge Tulsa International Airport Charleston's Restaurant Runners World KJRH2 Tulsa Mecca Coffee Co Blue Moon Café Old School Bagel Cafe Cafe Samana Keo Sharky’s Coach Polo Grill In the Raw Sushi The Brook Restaraunt & Bar 78,900 Cosmo Cafe R Bar & Grill E 36th St E 37th St E 37th Pl Trader Joe’s Anchored Project For Sale Tulsa, OK S Peoria Ave & E 37th St Venture Properties &
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2015
21,400 (14)
19,100 (14)
E 41st St
S Peoria Ave
244
Sonoma Bistro & Wine BarDoc’s Wine & Food
Hibiscus Caribbean Bar & GrillShades of Brown Coffee & Art
Downtown Tulsa
Midtown
The Enclave at Brookside
Arkansas River
The University of Tulsa
Gillette Historic District
Yorktown Historic District
Swan Lake Historic District
Bryn Mawr
Maple Ridge
Tulsa International Airport
Charleston's Restaurant
Runners World
KJRH2 Tulsa
Mecca Coffee Co
Blue Moon Café
Old School Bagel Cafe
Cafe Samana
Keo
Sharky’s
CoachPolo Grill
In the Raw SushiThe Brook Restaraunt & Bar
78,900
Cosmo Cafe
R Bar & Grill
E 36th St
E 37th St
E 37th Pl
Trader Joe’sAnchored Project
For Sale
Tulsa, OKS Peoria Ave & E 37th St
VentureProperties&
www.preservewestcapital.comThis property is listed in conjunction with Oklahoma-licensed real estate broker __________________.
OFFERING MEMORANDUM
Trader Joe’s Anchored Shops | Brookland North Shopping Center
Tulsa, OK
PRESERVE WEST CAPITAL | 4
FINANCIAL ANALYSIS PRICING
PRICE
$12,976,0005.00% Return
Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10
Scheduled Base Rental Revenue $675,976 $743,574 $798,716
Total Operating Expenses $127,934 $143,270 $156,811
FinancingThe property will be delivered free and clear of permant financing.
NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.
PRESERVE WEST CAPITAL | 4
FINANCIAL ANALYSIS PRICING
PRICE
$12,976,0005.00% Return
Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10
Scheduled Base Rental Revenue $675,976 $743,574 $798,716
Total Operating Expenses $127,934 $143,270 $156,811
FinancingThe property will be delivered free and clear of permant financing.
NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.
PRESERVE WEST CAPITAL | 4
FINANCIAL ANALYSIS PRICING
PRICE
$12,976,0005.00% Return
Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10
Scheduled Base Rental Revenue $675,976 $743,574 $798,716
Total Operating Expenses $127,934 $143,270 $156,811
FinancingThe property will be delivered free and clear of permant financing.
NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.
PRESERVE WEST CAPITAL | 4
FINANCIAL ANALYSIS PRICING
PRICE
$12,976,0005.00% Return
Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10
Scheduled Base Rental Revenue $675,976 $743,574 $798,716
Total Operating Expenses $127,934 $143,270 $156,811
FinancingThe property will be delivered free and clear of permant financing.
NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.
2017.12.10
Tulsa, OK — S Peoria Ave & E 37th St 36.109296-95.975973For Sale
855 West Broad Street, Suite 300Boise, ID 83702-7154 www.hcollc.com
street parking
E 37th St
E 37th Pl
S Peoria Ave21,400 (14)
Daily NeedsAnchor
AVAILABLESuite 3 –1,231 SF
existing site plan
Available
• Lot Size ±1.51 acres or 65,800 SF• Building 1 – 3702 S Peoria Ave
– Trader Joe’s: 12,045 SF• Building 2 – 3722 S Peoria Ave
– AT&T: 1,959 SF – Tropical Smoothie Café: 1,489 SF – Available: 1,231 SF – Blaze Pizza: 2,300 SF
• Parking – ±120 parking spaces available on site
Info
• Construction completed in 2016 of two retail buildings totaling approximately 19,024 SF
• Brookland North Shopping Center offers the unique oppor-tunity for an investor to acquire a newly constructed retail property anchored by a high performing Trader Joe’s grocery store in an established and growing region of Midtown Tulsa.
• The property is leased with long term leases to prominent na-tional and regional tenants including Trader Joe’s, Blaze Pizza, AT&T, and Tropical Smoothie Café. This strong retail location serves a wide trade area and is located conveniently near three highly trafficked highways, I-44 (91,699 AADT), State Hwy 64 (88,013 AADT) and State Hwy 412/ I- 242 (78,900 AADT).