Development Land SEC of 86th Street North and Memorial Drive Owasso, Oklahoma - CBRE
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Development Land
SEC of 86th Street North and Memorial Drive • Owasso, Oklahoma
FOR MORE Dwayne Flynn, SIOR, CCIM Ryan Shaffer, CCIM
I N F O R M AT I O N Senior Vice President Senior Associate
PLEASE +1 918 392 7249 +1 918 392 7203
C O N TA C T dwayne.flynn@cbre.com ryan.shaffer@cbre.com
PROPERTY OVERVIEW
FEATURES
• Approximately 20± Acres
• Significant road frontage on 86th and Memorial
• Prime opportunity for multifamily or commercial
• Great location — in between Hwy 75 and 169
• 3 Miles into the heart of Owasso
• Utilities close
• Located in one of the fastest growing cities in Oklahoma
AREA RETAILERS AND ATTRACTIONS
• Smith Farm Marketplace which has national retail tenants
including Target, Old Navy, Hobby Lobby, Lowes, Walmart
SuperCenter, Best Buy, Men’s Warehouse, Ulta, Petsmart,
Ashley Furniture Homestore, Kirklands, and more.
• Local restaurants include: Logan’s Roadhouse, Olive
Garden, Red Robin, Starbucks, Bricktown Brewery, Chic-
Fil-A, Freddies, Chili’s, Panera Bread, Applebees, Lone Star
Steakhouse and more.
• Lodging: Within 3 Miles to Hampton Inn & Suites, Towne
Place, Holiday Inn Express and more.
• Site is one mile west of the Bailey Ranch Golf Course
• Moments away from Downtown Tulsa, the Tulsa Drillers and
more great food and entertainment options.
DEMOGRAPHICS 1 Mile 3 Miles 5 Miles
Population 1,163 21,937 44,922
Household Income $86,776 $78,906 $84,125
Est. Avg. Housing Value $258,180 $192,147 $202,591
Walmart Sam’s Club
8 Miles to
Downtown Tulsa
0 VPD
Starbucks
Highway 75 — 33,50
E. 86th Street North — 11,270 VPD
SITE
E. 76th Street North — 10,670 VPD
Highway 169 — 49,644 VPD
Macy’s
Fullfillment Center
Cherokee
IndustrialPark
PROPERTY SITUATION
STRENGTHS AREA EMPLOYERS* NEW & RECENTLY COMPLETED PROJECTS
• 86th is 4 lanes into Owasso, 4 lanes to • American Airlines . . . . . . . . . . . . . . . . . 6,000 • Academy Sports & Outdoors
Highway 75 planned
• Macy’s Distribution . . . . . . . . . . . . . . . . 4,000 • Walmart Neighborhood Market, (2nd Location
• General level topography
• Whirlpool Appliances . . . . . . . . . . . . . . 1,600 in Owasso)
• Presently Zoned AG, surrounded by single
• Verizon Telecommunications . . . . . . . . . 1,500 • Taco Bell
family
• Owasso Public Schools . . . . . . . . . . . . . 1,100 • Arby’s
• Prime location for multifamily or commercial
• Nordam Group . . . . . . . . . . . . . . . . . . . 700 • A new Urgent Care Facility
• 2 Miles West to Highway 75
• Capital One Financial Services . . . . . . . . 600 • Firehouse Subs
• 2 Miles East to Owasso and Highway 169
• Walmart . . . . . . . . . . . . . . . . . . . . . . . . 550 • Buffalo Wild Wings
• 1 Mile West of Bailey Ranch Golf Course
• National Steak & Poultry . . . . . . . . . . . . . 500 • Rejoice Christian School (Private school, $50
• 3 Miles into the heart of Owasso million campus)
• Reasors Grocery . . . . . . . . . . . . . . . . . . . 350
• 600’ of frontage along N. Memorial • Tulsa Technology Center (Recently completed,
• City of Owasso . . . . . . . . . . . . . . . . . . . . 250 $38.5 million campus)
• 1,212’ of frontage 86 Street North
th
• Bailey Medical Center . . . . . . . . . . . . . . . 228 • Macy’s Distribution Center, 1.3 million SF
• Owasso retail growth 2nd fastest among
large OK markets of 9.6% • Bama Foods . . . . . . . . . . . . . . . . . . . . . . 225 • Jim Glover Chrysler Jeep Dodge
• Population growth - stable at 2.9% • Honeywell Industrial Products . . . . . . . . . 215 • Casey’s General Store (under construction)
• 12 Minutes to Downtown Tulsa • Target . . . . . . . . . . . . . . . . . . . . . . . . . . 130 • Smitty’s Garage Burgers & Beer
• Recently annexed into City of Owasso • Precision Components . . . . . . . . . . . . . . 100
• Hammco Heat Exchangers . . . . . . . . . . . 100
• Highlight: More than 65% of Owasso residents
work in the Maagerial, Financial, Professional,
Administration or Sales Fields.
*cityofowasso.com
Figure V-1, City of Owasso Adopted Land Use Plan
OWASSO MASTER DEVELOPMENT PLAN
S
IT
E
SITE UTILITIES
86TH ST N
SEWER
12’ Water Line
SITE TOPOGRAPHY
N
No
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Me
mo
ria
lD
riv
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E. 86th Street North
FOR MORE Dwayne Flynn, SIOR, CCIM Ryan Shaffer, CCIM
I N F O R M AT I O N Senior Vice President Senior Associate
PLEASE +1 918 392 7249 +1 918 392 7203
C O N TA C T dwayne.flynn@cbre.com ryan.shaffer@cbre.com
CBRE, Inc | 1437 S. Boulder Ave. | Suite 1070 | Tulsa, OK 74119 | www.cbre.us/tulsa
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