4601 Kenosha StBroken Arrow, OK 74012

Property Details for 4601 Kenosha St

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.39 AC

Property size (Sq ft)

5,424 SF

Zone code

CG

Property type

Strip malls

Property subtype

Neighborhood centers

APN

83655-84-08-33810

APU

83655840833810

Description

This exceptional retail investment opportunity presents itself in the form of the Kenosha Commercial Center, a two-building, single-story strip center totaling 26,577 square feet. Currently, there are three available spaces ranging from 1,200 to 1,500 contiguous square feet, with a total of 2,626 square feet currently vacant. The center boasts prominent monument signage and ample parking, ensuring high visibility and convenient access for customers. Strategically located at the intersection of E 71st Street and South Garnett in Tulsa County, this property benefits from a robust demographic profile, with over 200,000 residents within a five-mile radius. The center enjoys a strong tenant mix, including established businesses such as Pei Wei, BoneFish Grill, CherryBerry, Edward Jones, Manpower, Blow & Glow, and Desi Tax Service. This prime location is further enhanced by its proximity to major retailers like Target SuperCenter, Cinemark (15 Screens), Office Depot, Kohl's, and RCB Bank. Adding to its appeal, the Kenosha Commercial Center is conveniently located just half a mile from the Renaissance Hotel and Convention Center (300 rooms), and within two miles of Rhema Bible College, Tulsa Community College, Cancer Treatment Centers of America, Saint Francis Hospital South, and Hillcrest Hospital South. This property offers a unique blend of established tenancy, high visibility, and a strong surrounding demographic, making it an ideal investment for discerning buyers. Minimum divisible space is 1,200 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $695,046

  6.5%

  $641,580

  7%

  $595,753

• Comparable approach

  Method

  Valuation

  Relative Method

  $977,706

  Geo Method

  $977,706

• Alternative Use

  Use

  Valuation

  Residential

  $541,197

  Hospitality

  $495,734

  Educational

  $412,445

  Medical

  $426,629

  Retail

  $641,580

Location Insight

City

Broken Arrow

County

Tulsa

State

Oklahoma

Latitude

36.0602

Longitude

-95.8474

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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