the adams building | restaurant space for lease · the adams building | retail property for lease...
TRANSCRIPT
The Adams BuildingThe Adams Building || RESTAURANT SPACE FOR LEASERESTAURANT SPACE FOR LEASE403 S. Cheyenne Ave, Tulsa, OK403 S. Cheyenne Ave, Tulsa, OK
The information contained herein was obtained from sources believed reliable, however, Newmark GrubbLevy Strange Beffort makes no guarantees, warranties, or representations as to the completeness or
accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of priceor conditions prior to sale or lease, or withdrawal without notice. Newmark Grubb Levy Strange Beffort is
independently owned and operated.
for more information, visit us at
newmarklsb.comnewmarklsb.com204 N. Robinson, Ste 700, OKC, OK 73102
110 W 7th Street, Ste 2600, Tulsa, OK 74119Tim Strange, CCIM, SIORTim Strange, CCIM, SIOR
O: 405.605.6628 C: 405.413.8467
The Adams BuildingThe Adams Building || RETAIL PROPERTY FOR LEASERETAIL PROPERTY FOR LEASE403 S. Cheyenne Ave, Tulsa, OK
Available SF 3,500 SF
Lease Rate $17.50 SF/YR (NNN)
Building Size 53,000 SF
Cross Streets 4th and Cheyenne Ave
PROPERTY DETAILSPROPERTY DETAILS
3,500 SF Restaurant Space for lease on the lobby level with street frontage. The lease includes anadditional 1,800 SF of basement space for food prep, office and storage.
Existing dining, bar, and kitchen built out from the previous tenant.
Prime location - Two blocks from the BOK Center and Cox Convention Center.
Mixed-use redevelopment underway for sixty-five upscale apartments opening summer 2019.
PROPERTY OVERVIEWPROPERTY OVERVIEW
for more information, visit us at
newmarklsb.comnewmarklsb.comThe information contained herein was obtained from sources believed reliable; however, Newmark Grubb Levy Strange Beffort makes no guarantees, warranties or representations as to the completeness or accuracythereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. Independently Owned and Operated.
PLEASE CONTACT:
Tim Strange, CCIM, SIORTim Strange, CCIM, [email protected]: 405.605.6628 C: 405.413.8467
Retail Property For Lease
THE ADAMS BUILDINGTHE ADAMS BUILDING403 S. Cheyenne Ave, Tulsa, OK 74103
for more information, visit us at
newmarklsb.comnewmarklsb.comThe information contained herein was obtained from sources believed reliable; however, Newmark Grubb Levy Strange Beffort makes no guarantees, warranties or representations as to the completeness or accuracythereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. Independently Owned and Operated.
PLEASE CONTACT:
Tim Strange, CCIM, SIORTim Strange, CCIM, [email protected]: 405.605.6628 C: 405.413.8467
Retail Property For Lease
THE ADAMS BUILDINGTHE ADAMS BUILDING403 S. Cheyenne Ave, Tulsa, OK 74103
for more information, visit us at
newmarklsb.comnewmarklsb.comThe information contained herein was obtained from sources believed reliable; however, Newmark Grubb Levy Strange Beffort makes no guarantees, warranties or representations as to the completeness or accuracythereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. Independently Owned and Operated.
PLEASE CONTACT:
Tim Strange, CCIM, SIORTim Strange, CCIM, [email protected]: 405.605.6628 C: 405.413.8467
DEMOGRAPHICSDEMOGRAPHICS 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
Total population 8,295 65,133 156,215
Median age 40.2 36.2 36.2
Median age (Male) 40.3 35.0 34.6
Median age (Female) 39.5 36.6 37.5
Total households 3,844 28,990 68,165
Total persons per HH 2.2 2.2 2.3
Average HH income $45,486 $57,742 $56,013
Average house value $95,944 $300,494 $207,662
Retail Property For Lease
THE ADAMS BUILDINGTHE ADAMS BUILDING403 S. Cheyenne Ave, Tulsa, OK 74103
for more information, visit us at
newmarklsb.comnewmarklsb.comThe information contained herein was obtained from sources believed reliable; however, Newmark Grubb Levy Strange Beffort makes no guarantees, warranties or representations as to the completeness or accuracythereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. Independently Owned and Operated.
PLEASE CONTACT:
Tim Strange, CCIM, SIORTim Strange, CCIM, [email protected]: 405.605.6628 C: 405.413.8467
HISTORYHISTORY
The Minck-Adams Hotel was built in 1928 and added to the NationalRegister of Historic Places in 1978. the Adams Building is the mostphotographed building in Tulsa. It is currently undergoing an extensivehistoric renovation, in which it will be converted to 65 upscaleapartment units with a restaurant on the first floor.
The site controls a surface parking lot across the street, and additionalparking is available on the street and at adjacent parking lots. The firstfloor was the former home to the beloved Casa Laredo and is alreadybuilt out for a restaurant. Tenant could acquire existing restaurantequipment as desired.
LOCATION OVERVIEWLOCATION OVERVIEW
The Adams Building is located on the corner of W. 4th Street and S.Cheyenne Avenue in the heart of the IDL and Arena District. It isadjacent to the Mayo Hotel and two blocks away from BOK Center, atop The Adams Building islocated on the corner of W. 4th Street and S.Cheyenne Avenue in the heart of the IDL and Arena District. It isadjacent to the Mayo Hotel and two blocks away from BOK Center, atop six concert venue in the nation that bring in over 75,000 attendeesannually. It is also two blocks from the Cox Business Center.
Almost 40 real estate projects are in development, under construction,or have been completed in downtown Tulsa this year. The City of Tulsais dedicated to revitalizing the urban core, including the Arena District.This past year the city has activated a TIF district, committed $55million to renovate the Cox convention Center and paid $500,00 to anoutside consultant for a master plan of the Arena District. The city alsohired a new Executive Director for the Downtown CoordinatingCouncil.
Retail Property For Lease
THE ADAMS BUILDINGTHE ADAMS BUILDING403 S. Cheyenne Ave, Tulsa, OK 74103