Corporate Surplus - QSR/Drive-In Restaurant on Corner Site Tulsa, OK

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3017 S 129th E Ave
Tulsa, OK 74134

Property #: KEY5177

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Kelly Toney, CAI
Tranzon Asset Advisors

713-816-1123 Or 888-621-2110 ktoney@tranzon.com

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Note: Online bidding will close on Tuesday, May 12 at 12:00pm ET (11:00am CT)

Here is an exceptional opportunity to acquire a freestanding quick-service restaurant (QSR) building on corner site in one of East Tulsa's most active commercial corridors. Located at the signalized intersection of S. 129th East Avenue and E. 31st Street, this property offers immediate visibility to thousands of daily drivers on a principal arterial roadway flanked by national and regional retailers.

The improvements consist of a +/-1,208 SF purpose-built drive-in/QSR building, situated on a generous +/-28,127 SF (+/-0.65 acre) lot. The site features the classic drive-in stall configuration with dedicated canopy coverage, surface parking, and multiple points of ingress and egress - a layout purpose-engineered for high traffic food service and ideally suited for continued QSR operations, drive-through conversion, or redevelop.

+/-1,208 SF freestanding QSR/drive-in building
+/-28,127 SF (+/-0.65 acre) site
Dedicated surface parking with multiple points of ingress and egress
Signalized corner exposure on S. 129th East Avenue, one of East Tulsa's primary commercial arterials
Traffic Counts:
S 129th E Ave: 11,457 VPD
E 31st St: 12,107 VPD approximate
Convenient access - positioned along E. 31st Street with easy connectivity to I-44, the Broken Arrow Expressway, and the US-169/Mingo Valley interchange
Recognized strategic corridor - the I-44 & 129th East Avenue node was specifically identified by city-commissioned retail consultants as one of Tulsa's two highest-priority commercial development sites for capturing regional retail demand
Zoning: CS district which is primarily intended to accommodate convenience, neighborhood, subcommunity, community, and regional shopping centers providing a range of retail and personal service uses.
Free and clear title with no back taxes makes this a clean and compelling investment opportunity.

Parcel ID#: 38265-94-16-37930

2026 Tax Assessment: $649,500

2025 Annual Taxes: $9,574

Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.

Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Sooner Realty Properties LLC, Brokerage lic # 146296, Managing Broker Kamlesh Aggarwal Lic 80557

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

Buyer's Premium: 10% Buyers Premium based on the high bid.
Closing: 35-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: Online registration requires $9,900 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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