Map of Property

Walgreens | 81st & Elm BA

For Sale

701 West Houston Street, Broken Arrow, OK 74012

This Broken Arrow property for sale is located at 701 West Houston Street. The current listed sale price for Walgreens | 81st & Elm BA is $1,995,000.

Contacts

broker
Dick Alaback

MCP - McGraw Commercial Properties

Property Details

  • Property Type Retail - Street Retail
  • Property Size 12,934 SF
  • Date Updated Sep 12, 2025
Located on the corner of W Houston Street and S Elm Place, just 1.8 miles from the Broken Arrow Expressway, providing convenient regional connectivity and visibility to ±25,300 vehicles per day. B.A is one of the fastest-growing and the fourth-largest city in Oklahoma with a population of over 120,000 people. A strong manufacturing base with a growing aerospace industry has helped foster the city's growth. Combined with an award-winning public school system and an abundance of new housing makes B.A. one of the most desirable places to raise a family in Oklahoma.Walgreens-occupied freestanding 12,934 SF retail building with drive-thru on a 1.13-acre hard-corner lot in Broken Arrow. The property offers strong visibility, ample parking, excellent access within a high-traffic corridor, and a well-established commercial corridor. The current lease termination date is October 31st, 2028. The lease allows for four more five year options. Below market rent allows for potentially significantly higher N.O.I. in the future if Walgreens chooses to vacate. Current landlord replaced the roof in 2015 and will spend (or credit) up to $50,000 on parking lot improvements upon successful closing of the transaction.
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Highlights

  • Drive-Thru: Existing window and canopy in place
  • Frontage: 277’ along W Houston St, 139’ along S Elm Pl, and 33’ on the southwest corner
  • Parking: Approximately 49 surface spaces
  • Strategic Corner Location ~45,000 VPD
  • Strong visibility, access, and signage potential
  • Tenant: Walgreens Corporate NN Lease
  • Trade Area: Broken Arrow’s main retail corridor with Walmart Neighborhood Market, ALDI, AutoZone, O’Reilly, Big Lots

Getting around

  • 63/100

    Walk Score ®

  • 18/100

    Transit Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Broken Arrow, OK
  • Neighborhood Central Park
  • Zip Code 74012
  • Market Tulsa

Points of Interest

  • Katy's Mart

    0.63 miles

  • Murphy USA

    0.95 miles

  • QuikTrip

    1.01 miles

  • Tigers Express

    1.07 miles

  • Sinclair

    1.48 miles

  • Kum & Go

    1.52 miles

  • Stop-N-Go

    1.74 miles

  • Frances EV Charging

    6.27 miles

  • ChargePoint

    7.05 miles

  • Tesla Supercharger

    8.60 miles

  • Associate Parking

    2.20 miles

  • Emergency Parking

    2.25 miles

  • Broken Arrow Lanes

    2.88 miles

  • Union 8th Grade Center

    3.23 miles

  • The Tulsa

    3.35 miles

  • Robert B Grove Elementary School

    3.92 miles

  • Zip's Car Wash

    4.11 miles

  • Merit Corporate Park

    4.27 miles

  • Church's Chicken

    0.17 miles

  • Los Victor's

    0.20 miles

  • In The Raw

    0.51 miles

  • Andolini's Pizzeria

    0.52 miles

  • Smashed Game & Grill

    0.52 miles

  • Main Street Tavern

    0.53 miles

  • Rustic Chophouse

    0.53 miles

  • Dos Bandidos

    0.54 miles

  • Bramble Breakfast & Bar

    0.63 miles

  • Tasty Treat

    0.65 miles

  • Main Street Plaza

    0.70 miles

  • Big Lots

    0.83 miles

  • Walmart Neighborhood Market

    0.88 miles

  • Supermercados Morelos

    0.91 miles

  • Quail Run

    1.01 miles

  • Euro Market

    1.28 miles

  • Walmart Supercenter

    1.36 miles

  • Reasor's

    1.63 miles

  • ALDI

    1.66 miles

  • Sprouts Farmers Market

    1.74 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dick Alaback

MCP - McGraw Commercial Properties

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