Q2 2012 Tulsa, Oklahoma Retail Property Sales Analysis

CRE Resources

View our Tulsa, Oklahoma Submarket Map

Q2 2012 Tulsa, Oklahoma Retail Property Sales Analysis


The second quarter saw just one small retail investment sale. In April, Healthspace Owasso sold a 4,350-square-foot Steak N Shake for $2.2 million ($500 psf). Macleod-Couch Realty LLC was the buyer. The deal closed at a 3.2% cap rate, and reduced the rolling 12 month cap rate 240 basis points to 5.6%. The first half of 2012 saw only $7.6 million in property change hands here in three deals, well off the pace of the previous two years.