851 S Sheridan Rd
Retail | 36,192 SqFt
Marketing description
The Tashakorian Group of Marcus & Millichap is pleased to present the opportunity to acquire 851 S Sheridan Rd, a retail and warehouse offering totaling 36,192 square feet in central Tulsa, Oklahoma. The offering includes two steel-construction showroom buildings and a separate 0.49-acre paved parking lot, all offered together for an owner-user or investor.
The main showroom is a two-story, 24,000 square foot building (approximately 12,000 SF per floor), complemented by a 12,192 square foot secondary showroom building. Both improvements were originally built in 1976 and renovated in 2007, are of steel construction, and include one dock for loading. The property is zoned CS (Commercial Shopping), which accommodates a broad range of retail and service uses.
The site is currently occupied by Snow's Furniture, whose ownership will vacate the premises upon sale of the real estate, delivering a clean, fully available campus at close. With prominent frontage along Sheridan Road, ample on-site parking, and flexible zoning, the offering presents a rare owner-user or repositioning opportunity in an established Tulsa retail corridor.
Investment highlights
- Turnkey Owner-User Opportunity - Snow's Furniture, the long-time occupant, will vacate upon close, delivering a clean, fully available campus to an owner-user or value-add investor.
- Abundant On-Site Parking - A dedicated paved parking lot parcel plus surface parking around both buildings provide a parking ratio well above typical retail standards for customer and employee use.
- Prominent Sheridan Road Frontage - Hard-corner positioning on a heavily trafficked north-south arterial in central Tulsa, surrounded by national and regional retail, QuikTrip, and dense rooftops.
- Functional Steel Construction with Loading - Durable steel-frame improvements with a two-story 24,000 SF main showroom (12,000 SF per floor), a 12,192 SF secondary building, and one dock for back-of-house logistics.
- Flexible CS Zoning - Commercial Shopping (CS) zoning accommodates a broad range of retail and service uses, giving a buyer wide latitude for owner-occupancy or re-tenanting.
- Well-Positioned Tulsa Retail Market - Tulsa retail vacancy sits near 3.2% with asking rents around $15.39/SF, supporting durable demand for second-generation retail space along established corridors.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
