Investment Highlights
Signalized Intersection | 152,000+ Residents | $84,000+ Avg HH Income | 3.5 Miles to Downtown Tulsa
- Walgreens sits at the corner of the signalized intersection of North Lewis Ave and East Pine St and features two points of ingress and egress with one on each street, providing for greater customer access.
- East Pine is a major commercial corridor which features national retailers including McDonald’s, QuikTrip, Popeyes, Family Dollar, Church’s Texas Chicken, O’Reilly Auto, and AutoZone, among others.
- Both North Lewis and East Pine connect to State Route 74, providing for easier access to Interstate 244 and 444. As well, North Lewis connects directly to I-244 in the south.
- Both routes allow for greater accessibility to Downtown Tulsa and the rest of the city. Downtown Tulsa is approximately 3.5 miles away from the Walgreens.
- There are over 152,000 residents within a 5-mile radius of the Property with an average household income exceeding $84,000.
Less than 1-Mile from 2,400,000+ Sq. Ft. of Industrial, Manufacturing, and Distribution Centers | University of Tulsa – North Campus | Colleges and Universities
- The Property sits less than 1-mile from over 2,400,000 sq. ft. of industrial manufacturing and distribution centers. Companies with facilities in the area include Ventaire, Valmont, Mid-South Metals, Accurate Manufacturing, Crosby, Gunnebo Industries, SILO Steel, and many others.
- Other companies with manufacturing and distribution centers in the area include Anheuser Busch, WEBCO Industries, Kloeckner Metals, and Bama Companies, among many others.
- The University of Tulsa’s North Campus is also just 1-mile from the Property. The campus is home to the University’s School of Petroleum Engineering and includes a full-sized drilling rig and numerous research laboratories for students, faculty, members of the private energy industry, and members of various levels of government.
- As well, the Property is situated amongst other colleges and universities. Those within a 2 miles radius include the University of Tulsa (Main Campus), Tulsa Community College – Northeast, Langston University – Tulsa, and Oklahoma State University – Tulsa.
Absolute NNN Lease | Corporate Guarantee | Zero Landlord Responsibilities
- The Property is subject to an Absolute NNN lease with Walgreens which provides for zero landlord responsibilities. As well, the lease boasts a corporate guarantee for added security.
Close Proximity to Traffic Drivers | Schools, Parks & Recreation
- The Property is approximately 1-mile from the W.L. Hutcherson Family YMCA. The facility features a fitness center, basketball gym, indoor pool, and a nationally accredited Early Childhood Development Center. The YMCA has served the Tulsa community for 100 years.
- Other recreational areas in the vicinity include B.C. Franklin Park, Wheeling Park, Lacy Park Community Center, and TCC Northeast Disc Golf Course, among numerous other parks, centers, and playing fields. Most parks and playing fields host local youth sports organizations and competitions. The community centers often host a variety of classes, social activities and events for all ages, day camps for students during school breaks.
- Surrounding the Property are numerous local schools, creating consistent traffic flow. Schools within a 2-mile radius include, Springdale Elementary School, Booker T Washington High School, KIPP Tulsa College Preparatory, Skyway Leadership Institute, Celia Clinton Elementary School, Sequoyah Elementary School, and Carver Middle School, among others.
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