Wembley Corner
9606 E 71st St
The Subject Property consists of a two tenant retail center constructed in 2006. Known as the “Wembley Corner.” this property sits on 19,166 square feet of land and offers 7,500 square feet of rentable area. It is located at the southwest corner of East 71st Street and South Mingo Road in Tulsa, Oklahoma. Its locale along Tulsa’s 71st Street Retail Corridor provides for prime frontage and drive-by exposure. Over 50,000 cars per day
traverse 71st Street at this intersection. Wembley Corner is less than 2 miles from the new Veterans Administration Hospital set to open in June 2021 at 91st and Mingo. This area is a strong medical corridor and path of growth opportunity.
• Price: $2,700,000
• Per Building Sq ft: $360
• Net Square Feet: 7,500 SF
• Land Area: 19,166 SF
• Parking: 55 Spaces
• Actual Cap Rate: 6.5%
• Property Type: Retail Center
• Location: Southeast corner of E 71st St & Mingo
• Number of Stories: One
• Major Tenants: Corporate AT&T, 5.11 Tactical