Hill Manufacturing & Fabrication 2333 W Wichita St

The Snyder Carlton National Net Lease Team is pleased to offer to investors, an opportunity to acquire a single tenant absolute NNN leased industrial asset in Tulsa, OK. Hill Manufacturing & Fabrication recently signed a 12 year lease with 10 lease years remaining, one 10-year option period, and 2.25% annual rent increases throughout lease, and has occupied this location for over 15 years.
The 34,426 SF building on 2.35-acre parcel is positioned along East 61st Street S and provides great access to Highway 51 which have traffic counts of over 13,800 VPD and 103,500 VPD respectively. Within the rapidly growing Tulsa Industrial Market (Population 780,000+) this is ideal for a 1031 exchange asset or an investor seeking years of inflation resistant cash flows with zero landlord responsibilities. Site fundamental comprise 4,298 SF office Area, 30,128 SF warehouse area, four loading areas (two at grade level and two at dock height), and 20 FT clear height.
This is a rare opportunity to acquire an Absolute NNN industrial Asset with annual rent increases, zero landlord responsibilities, and strong site fundamentals.