Regus Business Center
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LTV (Loan to Value) | 0.00% | Current NOI | $0.00 |
Interest Rate | 0.000% | Capital Rate | 0.000% |
Fixed Term | 9.5 Years Years | Land Area | |
Amortization | Years | Lease Type | |
Loan Amount | $0.00 | Property Type | |
Payment | $0.00 | Property Lease | |
Bulding Size | 0 SF | Remaining Terms |
Location Description
The 21,890 SF office building is situated off of East 71st Street (34,119 VPD) near Riverside Drive (37,480 VPD). The property is located less than a mile north of Oral Roberts University, one mile south of Southern Hills Country Club and eight miles south of the downtown Tulsa CBD. Tulsa is the second-largest city in Oklahoma with a 2014 population of 398,899, and the principal municipality of the Tulsa Metropolitan Area, a region with 961,561 residents (25% of the state population). The gross product or value of all goods and services produced in the seven-county MSA is estimated to be $42.6 billion, or 30.4% of the Oklahoma economy. Though the oil industry has historically dominated Tulsa's economy, efforts in economic diversification have created a base in the sectors of aerospace, finance, technology, telecommunications, high tech, and manufacturing.The Tulsa metro region perfectly balances convenience and affordability with the advantages of a talented workforce, a central location and a pro-business atmosphere. These assets combine to make an ideal home for progressive companies competing in a global economy. General qualities that attract new companies and others to Tulsa are a sound infrastructure, a cost of doing business that is 15 percent below the U.S. average and a cost of living that is 12 percent below the U.S. average.
Highlights
Tenant History and Commitment – Regus has operated the facility as an executive suite/business center since 2007 and recently entered…