Virginia College, Tulsa
5154 South Peoria Avenue
Tulsa, OK 74105
PROPERTY SOLD
Property: Investment Sales
Square Footage: +/- 53,210
Price: $9,062,000
Cap Rate: 9.75%
Description:
- 13+ years remaining on 15-year net lease with two 5-year options
- 1% rent increases per year throughout the lease term and all options periods
- Excellent location providing unmatched visibility and frontage on I-44 with 100,000+ vehicles per day
- Very good density with 178,000+ people in a five-mile radius and 510,000 in a 10-mile radius
- Perfectly situated in the heart of the region’s burgeoning healthcare industry
