request_info_guest false

Tulsa, OK - Chase Bank

$2,474,000

409 West 71st St S, Tulsa, OK 74132

Active
Last Updated: 10/22/2025

4.75

Cap Rate

117,500

NOI

Details:
Cap Rate:    4.75%
NOI:    $117,500
Building Size:    3,245 sqft
Lot Area:    0.97 acres
Occupancy:    100%
Zoning:    CS: Commercial Shopping
Description:

• JPMorgan Chase Bank (S&P: AA-) Corporate signed lease
• 20 years remaining with 6 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option

• The subject property is an outparcel to an REI anchored center with other national tenants including Dutch Bros, Sherwin-Williams, Smalls Sliders, and Quick Quack Car Wash
• The asset is located less than a mile from Tulsa Hills Shopping Center, a 494,000+ square foot Target and Lowe’s Home Improvement anchored center, that features national/tenant credits such as DICK’S Sporting Goods, Ulta, PetSmart, Staples, Belk, Five Below, and others
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Sam’s Club, Best Buy, Buffalo Wild Wings, Chick-fil-A, Starbucks, Whataburger, and more, further increasing consumer traffic to the site

Map:
Location
Gallery