Cornerstone Boat & Mini Storage

12331 E 11th St, Tulsa, OK 74128

  • For Sale $4,000,000
  • Property Type Industrial - Storage
  • Property Size 61,820 SF
  • Units 538
  • Lot Size 9.97 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 219
  • Year Built 1990
  • Year Renovated 2000
  • Date Updated Sep 18, 2024
  • HVAC None
Strategically positioned in the heart of northeastern Oklahoma, Tulsa is part of a dynamic and rapidly growing region known for its economic vitality and quality of life. Tulsa County has experienced robust growth in recent years, driven by a diversified economy, favorable business climate, and a strong sense of community. The city itself has transformed into a hub for industry, commerce, and innovation. With a population exceeding 400,000, Tulsa is the second-largest city in the state, yet it retains a unique blend of metropolitan conveniences and Midwestern charm. The area's economy has historically been rooted in energy, but it has since expanded into aerospace, technology, healthcare, and manufacturing, fueling both job creation and infrastructure development. Tulsa’s affordability, combined with recent investments in infrastructure, transportation, and urban development, has attracted a steady influx of new residents and businesses. The city's thriving downtown, revitalized neighborhoods, and ongoing projects, like the Tulsa Innovation District and the Gathering Place, have turned it into a hotspot for growth. Tulsa County itself is one of Oklahoma’s most vibrant counties, showing consistent population and economic expansion. Key developments include the surge in residential and commercial real estate projects, improved connectivity via major highways (I-44, I-244, US-75), and proximity to Tulsa International Airport, positioning the area as a regional logistical hub. With a low cost of living, favorable tax incentives, and a well-educated workforce, Tulsa presents an attractive investment opportunity, making it an ideal location for both commercial and residential real estate ventures. This property benefits directly from its location within this flourishing market, promising significant potential for long-term value appreciation.Located in Tulsa, Oklahoma, Cornerstone Boat & RV Storage offers a lucrative investment opportunity. This well-maintained facility features 61,820 NRSF with 538 total units, consisting of 319 mini storage units and 219 open parking spaces for boats and RVs. Positioned off a well-trafficked road, the property benefits from high visibility and convenient access, ensuring consistent customer demand. The facility requires minimal deferred maintenance or capital expenditures, making it a turnkey opportunity. However, new ownership can further enhance profitability by incorporating professional management to increase occupancy and rental rates. Additionally, there’s potential to implement secondary revenue streams such as tenant insurance, administration fees, and other value-added services, further boosting revenue and operational efficiency. Given Tulsa's growing market and increasing demand for storage, Cornerstone Boat & RV Storage is positioned for long-term success and value creation.

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Highlights

  • Prime Location in Tulsa: Situated off a high-traffic road, the facility benefits from strong visibility and easy access, ensuring consistent customer traffic in a growing market.
  • Diverse Unit Mix: The facility comprises 538 total units, including 319 mini storage units and 219 open parking spaces for boats and RVs, catering to a wide range of storage needs.
  • Well-Maintained Facility: The property has been meticulously maintained, with minimal deferred maintenance and no significant capital expenditures needed, making it a turnkey investment.
  • Revenue Growth Potential: Opportunity to increase occupancy and rental rates through professional management, capitalizing on the demand for storage in Tulsa.
  • Additional Income Streams: New ownership can incorporate secondary revenue streams such as tenant insurance and administration fees, providing additional growth and income opportunities.

Contacts

broker

Ken DeVaul

Ocean Group Properties

Location

Getting Around

  • Walk Score ®

    20/100 Car-Dependent
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Tulsa, OK
  • Neighborhood Plain View Heights
  • Zip Code 74128
  • Market Tulsa

Points of Interest

  • QuikTrip

    0.67 miles

  • Flying J

    0.91 miles

  • Daily Stop

    1.10 miles

  • Cardinal's Corner

    1.29 miles

  • QuikTrip

    1.32 miles

  • Diamond Shamrock

    1.44 miles

  • QuikTrip

    2.57 miles

  • Murphy USA

    2.70 miles

  • QuikTrip

    2.79 miles

  • QuikTrip

    3.19 miles

  • Cameron 3C Rig Relocators

    1.24 miles

  • Disney Elementary School

    1.62 miles

  • Nordam Group Repair Division

    2.05 miles

  • Phillips Theological Seminary

    2.05 miles

  • Mount Olive Lutheran Church

    2.10 miles

  • Titan Private Security Vault

    2.33 miles

  • Briarglen Elementary School

    2.41 miles

  • John Ross Elementary School

    2.42 miles

  • Walmart Tire & Lube

    2.60 miles

  • John Zink Company

    2.75 miles

  • McDonald's

    0.57 miles

  • Mazzios

    0.67 miles

  • Sonic

    0.71 miles

  • Denny's

    0.92 miles

  • Hatfield's Hickory Smoked Ribs

    1.08 miles

  • Waffle House

    1.16 miles

  • McDonald's

    1.18 miles

  • Cici's Pizza

    1.25 miles

  • Pho Nhi

    1.26 miles

  • Asian Cuisine

    1.26 miles

  • Price Saver

    0.79 miles

  • Aldi

    1.22 miles

  • Supermercados Las Americas

    1.28 miles

  • Nam Hai Asian Market

    1.30 miles

  • Eastgate Metroplex

    1.62 miles

  • Garnett Plaza

    2.15 miles

  • Walmart Neighborhood Market

    2.33 miles

  • Walmart Supercenter

    2.59 miles

  • Eastgate Center

    2.87 miles

  • Scissortail Square

    3.09 miles

  • Saint Francis Xavier Clinic

    1.02 miles

  • Tulsa Fire Station 66

    1.27 miles

  • Mingo Valley Division

    1.40 miles

  • Oklahoma Department of Public Safety

    1.68 miles

  • CVS Pharmacy

    2.23 miles

  • Oklahoma Highway Patrol Troop B

    2.42 miles

  • Walgreens

    2.88 miles

  • Reasor's Foods

    3.16 miles

  • Catoosa Fire Station #2

    3.48 miles

  • CVS Pharmacy

    3.78 miles

Frequently Asked Questions

How much does Cornerstone Boat & Mini Storage cost?

The space currently listed for sale at Cornerstone Boat & Mini Storage asks for $4,000,000.

What is the total square footage of Cornerstone Boat & Mini Storage?

Cornerstone Boat & Mini Storage totals 61,820 square feet.

When was this property built?

Cornerstone Boat & Mini Storage was built in 1990.

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Contact Listing Broker

broker

Ken DeVaul

Ocean Group Properties