6120 41St St Tulsa, OK 74135

This exceptional investment opportunity presents a 53,982-square-foot retail property located at 6120 E 41st St, Tulsa, Oklahoma 74135. The property is a single-story, Class B building constructed in 1999, situated on a 5.27-acre lot. It boasts a 100% occupancy rate with Academy Sports + Outdoors as the sole tenant under an absolute NNN lease. The lease commenced on December 29, 1999, and currently has approximately 3.1 years remaining, expiring December 31, 2027, with three, five-year renewal options available. Academy Sports + Outdoors, a credit-rated tenant, has occupied the premises since its opening. The property offers a compelling net operating income (NOI) of $384,687, resulting in an attractive 7.25% cap rate. The asking price is $5,306,035, translating to $98.29 per square foot. The land value is $23.11 per square foot. The property benefits from high visibility to Interstate 44 (over 104,800 vehicles per day), proximity to Promenade Mall, and its location near the University of Oklahoma - Tulsa, which has 1,073 on-site students. This presents a stable, long-term investment opportunity with a strong tenant and significant upside potential. No rent bumps are included in the lease.