sold at development cost relocated from high performing 12 …€¦ · quiktrip corporation is a...

13
OFFERING | $5,596,154 – 5.50% CAP QuikTrip | absolute NNN, corporate Sale-leaseback 3230 E Admiral Pl n, tulsa, ok Property. New 4,840+ SF building on 1.98+ acre site. Relocated QuikTrip: From high performing 12-pump facility to new 16-pump facility. Tenant. Lessee: QuikTrip Corporation. Operates 780+ stores across 11 states with 20,000 employees and 2017 annual sales in excess of $11 billion. Lease structure. New 15-year, corporate absolute NNN with Cap Rate increases of 25 basis points every 5 years after the primary term. Location. QuikTrip is strategically located on the northwest corner of Admiral Pl. (15,000 VPD) and Harvard Ave. (22,000 VPD) in Tulsa, OK. The immediate trade area features high population demographics of 86,000 within a 3-mile radius. Directly across I-244 “Crosstown Expy.(67,000 VPD) is the University of Tulsa (4,433 students), a top 50 private research institution with renowned programs in law, literature, computer science, natural sciences, psychology, and engineering. Other traffic generators within a mile of the site are Will Rogers High School (692 students), Sequoyah Elementary School (597 students), Whittier Square Historic District, and Hardesty Sports & Recreation Complex. Notable national credit tenants in the immediate trade area are O’Reilly, AutoZone, Advanced Auto, Walgreen’s, Dollar General, Family Dollar, Sonic, Chick-Fil-A, Einstein Bros. Bagels, Metro PCS, McDonald’s, Arby’s, Papa John’s, Subway, Burger King, Taco Bell, Jimmy Johns and more. QuikTrip is located approximately 3-miles from downtown Tulsa, OK. FILE PHOTO Sold at development cost Relocated from high performing 12-pump facility to 16-pump facility 310.736.4179 JOE CAPUTO [email protected] ALEX TOWER [email protected]

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Page 1: Sold at development cost Relocated from high performing 12 …€¦ · QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline

OFFERING | $5,596,154 – 5.50% CAP

QuikTrip | absolute NNN, corporate Sale-leaseback

3230 E Admiral Pl n, tulsa, ok

Property. New 4,840+ SF building on 1.98+ acre site. Relocated QuikTrip: From high performing 12-pump facility to new 16-pump facility.

Tenant. Lessee: QuikTrip Corporation. Operates 780+ stores across 11 states with 20,000 employees and 2017 annual sales in excess of $11 billion.

Lease structure. New 15-year, corporate absolute NNN with Cap Rate increases of 25 basis points every 5 years after the primary term.

Location. QuikTrip is strategically located on the northwest corner of Admiral Pl. (15,000 VPD) and Harvard Ave. (22,000 VPD) in Tulsa, OK. The immediate trade

area features high population demographics of 86,000 within a 3-mile radius. Directly across I-244 “Crosstown Expy.” (67,000 VPD) is the University of Tulsa (4,433

students), a top 50 private research institution with renowned programs in law, literature, computer science, natural sciences, psychology, and engineering. Other

traffic generators within a mile of the site are Will Rogers High School (692 students), Sequoyah Elementary School (597 students), Whittier Square Historic District,

and Hardesty Sports & Recreation Complex. Notable national credit tenants in the immediate trade area are O’Reilly, AutoZone, Advanced Auto, Walgreen’s, Dollar

General, Family Dollar, Sonic, Chick-Fil-A, Einstein Bros. Bagels, Metro PCS, McDonald’s, Arby’s, Papa John’s, Subway, Burger King, Taco Bell, Jimmy Johns and

more. QuikTrip is located approximately 3-miles from downtown Tulsa, OK.

FILE PHOTO

Sold at development cost

Relocated from high performing 12-pump facility

to 16-pump facility

310.736.4179

JOE CAPUTO

[email protected]

ALEX TOWER

[email protected]

Page 2: Sold at development cost Relocated from high performing 12 …€¦ · QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline

Table of contents | Disclaimer quiktrip

3230 E Admiral Pl n, tulsa, ok

Trivanta (“Agent”) has been engaged as an agent for the sale of the property located at

3230 E. Admiral Pl. N., Tulsa, OK the owner of the Property (“Seller”). Seller and Agent

make no representations or warranties as to the accuracy of the information contained in

this Offering Memorandum. The enclosed materials include highly confidential information

and are being furnished solely for the purpose of review by prospective purchasers of the

interest described herein. The enclosed materials are being provided solely to facilitate the

prospective investor’s own due diligence for which it shall be fully and solely responsible.

The material contained herein is based on information and sources deemed to be reliable,

but no representation or warranty, express or implied, is being made by Agent or Seller or

any of their respective representatives, affiliates, officers, employees, shareholders,

partners and directors, as to the accuracy or completeness of the information contained

herein. Summaries contained herein of any legal or other documents are not intended to be

comprehensive statements of the terms of such documents, but rather only outlines of

some of the principal provisions contained therein. Neither the Agent nor the Seller shall

have any liability whatsoever for the accuracy or completeness of the information contained

herein or any other written or oral communication or information transmitted or made

available or any action taken or decision made by the recipient with respect to the Property.

Interested parties are to make their own investigations, projections and conclusions without

reliance upon the material contained herein. Seller reserves the right, at its sole and

absolute discretion, to withdraw the Property from being marketed for sale at any time and

for any reason. Seller and Agent each expressly reserves the right, at their sole and

absolute discretion, to reject any and all expressions of interest or offers regarding the

Property and/or to terminate discussions with any entity at any time, with or without notice.

This offering is made subject to omissions, correction of errors, change of price or other

terms, prior sale or withdrawal from the market without notice. Agent is not authorized to

make any representations or agreements on behalf of Seller. Seller shall have no legal

commitment or obligation to any interested party reviewing the enclosed materials,

performing additional investigation and/or making an offer to purchase the Property unless

and until a binding written agreement for the purchase of the Property has been fully

executed, delivered, and approved by Seller and any conditions to Seller’s obligations

hereunder have been satisfied or waived. By taking possession of and reviewing the

information contained herein, the recipient agrees that (a) the enclosed materials and their

contents are of a highly confidential nature and will be held and treated in the strictest

confidence and shall be returned to Agent or Seller promptly upon request; and (b) the

recipient shall not contact employees or tenants of the Property directly or indirectly

regarding any aspect of the enclosed materials or the Property without the prior written

approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied

or otherwise reproduced without the prior written authorization of Seller and Agent.

PAGE 3: INVESTMENT | TENANT | LEASE OVERVIEW

PAGE 1: COVER

PAGE 2: TABLE OF CONTENTS | DISCLAIMER

PAGE 11-12: LOCATION MAPS

PAGE 5-6: AERIAL PHOTOS

PAGE 8-9: LOCATION OVERVIEW

Disclaimer

PAGE 13: DEMOGRAPHICS

2

PAGE 4: TENANT OVERVIEW CONTINUED

PAGE 7: SITE PLAN

FILE PHOTO

PAGE 10: ECONOMIC DRIVERS

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Investment overviewquiktrip

3230 E Admiral Pl n, tulsa, ok

Tenant overviewLessee: QuikTrip Corporation

PRICE | CAP: $5,596,154 | 5.50%

NET OPERATING INCOME: $307,788

BUILDING AREA: 4,840+ Square Feet

LAND AREA: 1.98+ Acres

YEAR BUILT: 2019

LANDLORD RESPONSIBILITY: None

OWNERSHIP: Fee Simple Interest

OCCUPANCY: 100%

3

QUIKTRIP | www.quiktrip.com | Credit Rating: NAIC 2 (Equivalent BBB)

QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline and convenience stores. Founded

in 1958, QuikTrip has grown to a more than $11 billion company with 780+ stores across 11 states. Those revenues place QuikTrip high on the Forbes

listing of largest privately held companies. QuikTrip Corp. currently holds an NAIC 2 Rating which is the equivalent of a “BBB” rating by Standard &

Poor’s. QuikTrip locations feature the company’s own QT brand of gas, as well as brand-name beverages, candy, tobacco and QT’s own Quik’n Tasy

and Hotzi lines of sandwiches.

With over 20,000 employees, QuikTrip has made Fortune Magazine’s list of “Best Companies to Work For” every year for the last 15 years and received

the 38th spot in People Magazine’s “50 Companies That Care.” QuikTrip is consistently ranked as one of the top convenience store marketers in product

quality and friendly service, including a top spot on GasBuddy’s Top Rated C-Store list for 2017, and Top Rated Convenience Store Brand in the state of

Missouri. It is also ranked 68th on Fortunes 100 best companies to work for in 2017 and 33rd on Forbes List of Private Companies. QuikTrip also gives

back to the communities it serves, donating 5% of net profits to qualified 501c3 non-profit agencies, which includes United Way campaign match, support

for National Safe Place agencies, Folds of Honor scholarships and many other agencies that support at-risk youth and early childhood education.

Lease overview

Rent Commencement: At Closing

Primary Lease Term: 15-Years

Rent Increases: See Parenthesis *

Lease Type: Corporate Absolute NNN

Annual Rent Yrs 1-15: $307,788 (Current)

Option 1 | Yrs 16-20: $321,779 (5.75% CAP)

Option 2 | Yrs 21-25: $335,769 (6.00% CAP)

Option 3 | Yrs 26-30: $349,760 (6.25% CAP)

Option 4 | Yrs 31-35: $363,750 (6.50% CAP)

Option 5 | Yrs 36-40: $377,740 (6.75% CAP)

Option 6 | Yrs 41-45: $391,731 (7.00% CAP)

Option 7 | Yrs 46-50: $405,721 (7.25% CAP)

Option 8 | Yrs 51-55: $419,712 (7.50% CAP)

Option 9 | Yrs 56-60: $433,702 (7.75% CAP)

Option 10 | Yrs 61-65: $447,692 (8.00% CAP)

Option Periods: 10, 5-Year Options

* Cap Rate increases 25 basis points every 5 years at the beginning of each option period

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tenant overview continuedquiktrip

3230 E Admiral Pl n, tulsa, ok

4

QUIKTRIP AWARDS

• People Companies That Care (#38)

• Best Workplaces in Texas 2017 (#15)

• Best Workplaces for Giving Back 2017 (#45)

• Best Workplaces for Diversity 2017 (#29)

• Best Work for Women 2017 (#54)

• Best Workplaces in Retail 2017 (#2)

QUIKTRIP EMPLOYEE SURVEY

(2,487 Employees Surveyed on October 5, 2017)

• Great Challenges - 92%

• Workplace is Great - 89%

• Great Atmosphere - 94%

• Great Rewards - 94%

• Great Pride - 94%

• Great Communication - 96%

• Great Bosses - 94%

• Proud to Tell Others I Work Here - 94%

• Management is Honest and Ethical - 89%

• Special and Unique Benefits - 90%

• Able to Take Necessary Time Off Work - 91%

QUIKTRIP KEY NUMBERS

• 81% Company Paid Employee Health Coverage

• 81% Company Paid Part-Timer Health Coverage

• $4,400 Average Tuition Reimbursement

• $80,524 Average Store Manager Compensation

BOSTON – Convenience Store News (1/11/2018) - QuikTrip and Wawa came out on top of GasBuddy's

latest ranking of pit stops.

The Top 100 Pit Stops in the United States in 2017 list highlights the best-of-the-best, where drivers can

enjoy pleasant customer service, perk themselves up with amazing coffee, use the restroom in peace

and enjoy a perfect pumping experience, according to GasBuddy.

Users of the GasBuddy mobile app had a say in the list, which honors businesses ranked highly by the

GasBuddy community. "Gas stations have evolved through the years to become true destinations. No

longer are they just a place to top off the tank, but they provide exceptional experiences for those

looking for a good meal, coffee, and more," said Frank Beard, convenience store and retail trends

analyst at GasBuddy. "GasBuddy users have given these gas stations the highest ratings in our app -

each one a unique expression of regional flavor.“ QuikTrip made the most appearances on the list

with 18 locations, followed by Wawa with 14 and Shell with seven. QuikTrip also topped the list

as the overall No. 1 with its Oro Valley, Ariz., location. Eighteen gas stations received five-star

ratings, making them the top-rated pit stops in the U.S.

Article Link

HOUSTON – Convenience Store News (6/29/2017) - QuikTrip captured top honors in EnergyPoint

Research’s recently completed 2017 Gasoline Retailers Survey, making it the second year in a row that

the Tulsa-based retailer claimed the survey’s best overall rating for customer satisfaction.

In addition to winning best overall, QuikTrip took first place in four other top-level categories: service

quality, food and merchandise, ease of transactions, and store facilities. QuikTrip took top honors in a

number of regional categories as well.

According to Sheridan, "continued low fuel prices and a strengthening economy should combine to offer

attractive conditions for both gasoline retailers and customers over the next 12 to 24 months. In

particular, retailers that have invested in their facilities, people and programs in recent years can expect

today’s customers to reward such efforts."

The survey, conducted March through May, zeroed in on customer satisfaction with major U.S. gasoline

retailers on a variety of factors both nationally and regionally. Thirty-four companies were included in

the final rankings. BP, Chevron, Kroger, Marathon, Phillips 66, Sheetz and Stewart's Shops were also

among those ranked. Click here for more results.

QuikTrip announced earlier this week that it will be expanding in Texas to the San Antonio and

Austin markets, with the first stores expected to open sometime in summer 2018. The retailer

currently operates more than 700 convenience stores in 11 states.

Article Link

QUIKTRIP IN THE NEWS

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Aerial photoquiktrip

3230 E Admiral Pl n, tulsa, ok

5

Utica A

ve. (21,000 VP

D)

Will Rogers

High School

(692 students)

Harvard

Ave. (22,000 V

PD

)

Admiral Pl. (15,000 VPD)

Yale A

ve. (24,000 VP

D)

I-244 “Crosstown Expy” (67,000 VPD)

Lew

is Ave.

(20,000 VP

D)

11th St. (19,000 VPD)

(4,433 students)

Hardesty Sports &

Rec Complex

Owen Elementary School

(489 students)McElroy

Manufacturing Inc.

Maxwell ParkOld Dominion

Freight Line

The University of

Tulsa North Campus

Valmont

Industries

Mabee Red Shield

Boys & Girls Club

Hillcrest

Medical Center

(691 beds)

City of Tulsa

Surplus Auction

Whittier Square

Historic District

Office and

Industrial Park

Tulsa

Transit

Former 12-Pump

Facility

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Aerial photoquiktrip

3230 E Admiral Pl n, tulsa, ok

6

I-244 “Crosstown Expy.” (67,000 VPD)

Harvard

Ave. (22,000 V

PD

)

Sequoyah Hills

Baptist Church

Archer Park

Church of Christ

Fiesta

Apartments

(49 units)

Admiral Pl. (15,000 VPD)

Archer St.

Phoenix Rising

Alternative

Program

Former 12-Pump

Facility

Page 7: Sold at development cost Relocated from high performing 12 …€¦ · QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline

Site planquiktrip

3230 E Admiral Pl n, tulsa, ok

7

Harvard

Ave. (22,000 V

PD

)

Page 8: Sold at development cost Relocated from high performing 12 …€¦ · QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline

Location overviewquiktrip

3230 E Admiral Pl n, tulsa, ok

8

IMMEDIATE TRADE AREA

QuikTrip is strategically located on the northwest corner of Admiral Pl. (15,000 VPD) and Harvard Ave. (22,000 VPD) in Tulsa, OK. The subject property is positioned at a

signalized hard corner, allowing it to capture traffic from vehicles exiting off of I-244 “Crosstown Expy.” (67,000 VPD). (The immediate trade area features high population

demographics of 86,000 within a 3-mile radius. Directly across I-244 “Crosstown Expy.” (67,000 VPD) is the University of Tulsa (4,433 students), a top 50 private

research institution with renowned programs in law, literature, computer science, natural sciences, psychology, and engineering. Other traffic generators within a mile of

the site are Will Rogers High School (692 students), Sequoyah Elementary School (597 students), Whittier Square Historic District, and Hardesty Sports & Recreation

Complex. QuikTrip is located approximately 3-miles from downtown Tulsa, OK.

Notable national credit tenants in the immediate trade area are O’Reilly, AutoZone, Advanced Auto, Walgreen’s, Dollar General, Family Dollar, Sonic, Chick-Fil-A,

Einstein Bros. Bagels, Metro PCS, McDonald’s, Arby’s, Papa John’s, Subway, Burger King, Taco Bell, Jimmy Johns and more.

TULSA

Tulsa is the second-largest city in the state of Oklahoma and the 47th most populous city in the US, with a population of around 403,305 as of 2015. Tulsa is located in

northeastern Oklahoma on the Arkansas river. It is the principal municipality of the Tulsa Metropolitan Area, and serves as the county seat of Tulsa county, the most

densely populated county in Oklahoma. According to the US Census Bureau, the city has a total area of 186.6 square miles.

Once known as the “Oil Capital of the World,” Tulsa remains an important center for the industry, with a diversified economy now embracing other industries such as

aerospace, chemicals, computer parts and industrial machinery. Fortune 500 companies such as ONEOK and Williams Companies are headquartered in Tulsa. In

addition the area is home to many of the nation’s rental car companies, including Dollar Thrifty Automotive Group. Tulsa is considered to be the economic engine of the

area. Tulsa’s major industries are aerospace, including aerospace manufacturing and aviation; health care; energy; machinery and electrical equipment manufacturing;

transportation, distribution and logistics. The Tulsa region is home to the 8th best workforce in aerospace, 9th best in Energy, and 18th best in telecommunications. The

area also benefits from local tourism events, boasting such attractions as recreational lakes and state parks

The city of Tulsa manages 135 parks spread over 6,000 acres. Tulsa River parks is a series of linear parks that run adjacent to Arkansas River about 10 miles from

downtown to the Jenks Bridge. Since 2007 a significant portion of the River parks area has been renovated with new trails, landscaping and playground equipment. The

River Parks Turkey Mountain Urban Wilderness Area on the west side on the Arkansas River in south Tulsa is a 300-acre area that contains over 45 miles of dirt trails

available for hiking, trail running, mountain biking and horseback riding.

UNIVERSITY OF TULSA

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Location overviewStarbucks

3230 E Admiral Pl n, tulsa, ok

9

TULSA MSA / NORTHEASTERN OKLAHOMA

The Tulsa Metropolitan Area, officially defined as the Tulsa-Broken Arrow-Owasso Metropolitan Statistical Area is a metropolitan area in northeastern Oklahoma centered

around the city of Tulsa and encompassing Tulsa, Rogers, Wagoner, Creek, Okmulgee and Pawnee counties. It has an estimated population of 953,000 and 1.12 million

people in the larger combined statistical area as of 2015. As the second largest metropolitan area in Oklahoma and a hub for the growing Northeastern Oklahoma-

Northwest Arkansas-Southwestern Missouri corridor, city is also home to a number of the region’s most sophisticated law, accounting and medical practices. Its location

in the center of the nation also makes it a hub for logistics businesses; the Tulsa International airport (TUL) and the Tulsa Port of Catoosa, the nation’s most inland

seaport, connect the region with international trade and transportation. Colloquially referred to as “Green Country,” Northeast Oklahoma is one of the most populous

regions of the state. The area derives its nickname from the heavily-wooded areas amidst the rolling hills and mountains. The second largest city in the state, Tulsa is the

economic center of the region. In fact, the term Green Country and Tulsa Metropolitan Area are used interchangeably.

The historical population has experienced consistent double-digit growth on average. In 2010 the growth rate was 9.1 percent over the previous 2000 Census report,

while 2000 to 1990 resulted in a 12.9 percent increase in population. The region is anchored to the Tulsa MSA, compromising of seven counties: Creek, Okmulgee,

Osage, Pawnee, Rogers, Tulsa and Wagoner, whose aggregate population is estimated to be 984,958 or 25.0 percent of the population of the state of Oklahoma. The

gross product or value of all goods and services produced in the seven-county MSA is estimated to be $50.9 billion (2010 dollars), or 30.7 percent of the Oklahoma

economy. The area consists of a downtown area with mid-level skyscrapers surrounded by dense suburban areas.

Several clusters, or groups of companies within industries that buy or sell to each other in the manufacture of goods for export from the area, have disproportionately

large concentrations of employment relative to the U.S. concentrations and are positioned to grow within the Tulsa MSA: Aerospace parts manufacturing is three times

more concentrated in the Tulsa MSA than in the U.S.; oil and gas production and machinery manufacturing, 7.5 times more concentrated; and pump and compressor

manufacturing, 19.6 times more concentrated. The area also benefits from the nations largest inland port. The port plays a vital roll in transporting the areas

manufacturing and timber production to international trade routes. Tulsa’s infrastructure for business includes the Port of Catoosa, an inland port that makes bulk shipping

to and from coastal ports accessible and economical, and two central networks for broadband interconnect. Plugging Tulsa’s target producing and service sectors into

Tulsa’s formidable infrastructure requires a quality work force and Tulsa’s work force is known and paid for its productivity.

TULSA, OK

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ECONOMIC DRIVERSquiktrip

3230 E Admiral Pl n, tulsa, ok

UNIVERSITY OF TULSA

The University of Tulsa is a top 50 private research university in Tulsa,

Oklahoma, United States. The University is renowned for its programs in law,

literature, computer science, natural sciences, psychology, and engineering. Its

faculty includes scholars, scientists, and writers.

In 2004, anthropologist Steadman Upham joined the University as President.

Within five years of his arrival, TU saw thirteen major construction projects and

renovations on campus, ranging from the construction of the Roxana Rozsa

and Robert Eugene Lorton Performance Center to the overhaul of Keplinger

Hall, and plans for seven more major projects finalized.

The University of Tulsa is stationed on 200 acres, has over 400 faculty

members, and over 4,100 students currently enrolled. In 2011, Tulsa’s Collins

College of Business was ranked 33rd in the contry among undergraduate

business schools by Bloomberg Businessweek.

FORTUNE 500 COMPANIES

ONEOK – In ONEOK is a diversified Fortune 500 corporation based in Tulsa,

OK that has over 4,000 employees. ONEOK’s Energy Services operation

focuses primarily on marketing natural gas and related services throughout the

U.S. Energy Services, which derives more than 84 percent of its earnings from

the physical marketing business, showed an operating income increase of

$26.5 million. The company sponsored the construction of ONEOK Field, the

Tulsa Drillers minor league baseball stadium in downtown.

Williams Companies – Williams is a Fortune 500 energy infrastructure company

focused on connecting North America’s significant hydrocarbon resource plays

to growing markets for natural gas and natural gas liquids (NGLs). Williams’

interstate gas pipeline and gathering & processing operations span the United

states, including strategic assets in the deep-water Gulf of Mexico, the Rockies,

the Pacific Northwest and the Eastern Seaboard. Williams was founded in 1908

and is headquartered in Tulsa with more than 5,000 employees.

10

University of Tulsa

Tulsa, OK

ONEOK Field

Tulsa, OK

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Location mapquiktrip

3230 E Admiral Pl n, tulsa, ok

11

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Location mapquiktrip

3230 E Admiral Pl n, tulsa, ok

12

Page 13: Sold at development cost Relocated from high performing 12 …€¦ · QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline

2018 Est. Labor Population Age 16 Years or Over 11,660 67,651 143,954

2018 Est. Civilian Employed 58.3% 60.4% 59.6%

2018 Est. Civilian Unemployed 2.8% 2.8% 2.8%

2018 Est. in Armed Forces 0.1% - 0.1%

2018 Est. not in Labor Force 38.8% 36.8% 37.5%

2018 Labor Force Males 52.0% 49.0% 48.5%

2018 Labor Force Females 48.0% 51.0% 51.5%

2010 Occupation: Population Age 16 Years or Over 6,811 40,642 85,857

2010 Mgmt, Business, & Financial Operations 10.9% 13.2% 14.3%

2010 Professional, Related 19.1% 20.7% 21.1%

2010 Service 18.6% 17.7% 17.5%

2010 Sales, Office 21.9% 22.8% 24.3%

2010 Farming, Fishing, Forestry 0.2% 0.2% 0.2%

2010 Construction, Extraction, Maintenance 13.0% 11.3% 9.9%

2010 Production, Transport, Material Moving 16.3% 14.0% 12.8%

2010 White Collar Workers 51.9% 56.7% 59.7%

2010 Blue Collar Workers 48.1% 43.3% 40.3%

2010 Drive to Work Alone 77.5% 79.5% 79.9%

2010 Drive to Work in Carpool 10.7% 11.1% 10.8%

2010 Travel to Work by Public Transportation 1.0% 1.0% 1.0%

2010 Drive to Work on Motorcycle 0.1% 0.2% 0.2%

2010 Walk or Bicycle to Work 4.6% 2.3% 2.0%

2010 Other Means 1.7% 1.6% 1.5%

2010 Work at Home 4.4% 4.4% 4.7%

2010 Travel to Work in 14 Minutes or Less 37.1% 38.7% 38.3%

2010 Travel to Work in 15 to 29 Minutes 41.1% 42.9% 44.2%

2010 Travel to Work in 30 to 59 Minutes 12.3% 11.0% 10.3%

2010 Travel to Work in 60 Minutes or More 2.4% 2.4% 2.5%

2010 Average Travel Time to Work 16.4 16.2 16.1

2018 Est. Total Household Expenditure $244 M $1.85 B $4.14 B

2018 Est. Apparel $8.42 M $64.2 M $144 M

2018 Est. Contributions, Gifts $14.6 M $123 M $280 M

2018 Est. Education, Reading $8.44 M $70.1 M $160 M

2018 Est. Entertainment $13.3 M $102 M $230 M

2018 Est. Food, Beverages, Tobacco $39.0 M $287 M $639 M

2018 Est. Furnishings, Equipment $7.77 M $61.5 M $139 M

2018 Est. Health Care, Insurance $22.6 M $166 M $370 M

2018 Est. Household Operations, Shelter, Utilities $76.2 M $577 M $1.29 B

2018 Est. Miscellaneous Expenses $3.73 M $27.7 M $61.8 M

2018 Est. Personal Care $3.18 M $24.0 M $53.7 M

2018 Est. Transportation $46.6 M $348 M $775 M

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3230 E Admiral Pl1 mi radius 3 mi radius 5 mi radius

Tulsa, OK 74110

2018 Estimated Population 14,684 86,658 182,114

2023 Projected Population 15,247 89,977 187,208

2010 Census Population 14,559 85,362 180,200

2000 Census Population 15,272 89,412 187,061

Projected Annual Growth 2018 to 2023 0.8% 0.8% 0.6%

Historical Annual Growth 2000 to 2018 -0.2% -0.2% -0.1%

2018 Estimated Households 6,168 37,346 80,365

2023 Projected Households 6,582 39,782 84,851

2010 Census Households 5,927 35,690 76,577

2000 Census Households 6,082 37,816 80,543

Projected Annual Growth 2018 to 2023 1.3% 1.3% 1.1%

Historical Annual Growth 2000 to 2018 0.1% -0.1% -

2018 Est. Population Under 10 Years 14.0% 14.5% 13.7%

2018 Est. Population 10 to 19 Years 14.3% 12.9% 12.3%

2018 Est. Population 20 to 29 Years 22.1% 16.3% 15.5%

2018 Est. Population 30 to 44 Years 19.7% 19.9% 19.3%

2018 Est. Population 45 to 59 Years 16.5% 18.3% 18.5%

2018 Est. Population 60 to 74 Years 10.0% 12.6% 14.1%

2018 Est. Population 75 Years or Over 3.4% 5.4% 6.6%

2018 Est. Median Age 30.0 33.8 35.7

2018 Est. Male Population 51.7% 49.5% 49.1%

2018 Est. Female Population 48.3% 50.5% 50.9%

2018 Est. Never Married 47.4% 39.4% 37.5%

2018 Est. Now Married 27.2% 33.5% 34.5%

2018 Est. Separated or Divorced 21.4% 21.6% 21.9%

2018 Est. Widowed 4.0% 5.4% 6.0%

2018 Est. HH Income $200,000 or More 1.4% 3.8% 4.6%

2018 Est. HH Income $150,000 to $199,999 1.0% 2.7% 3.2%

2018 Est. HH Income $100,000 to $149,999 5.4% 7.4% 8.1%

2018 Est. HH Income $75,000 to $99,999 6.4% 8.4% 8.8%

2018 Est. HH Income $50,000 to $74,999 17.0% 16.8% 17.1%

2018 Est. HH Income $35,000 to $49,999 16.0% 15.5% 14.9%

2018 Est. HH Income $25,000 to $34,999 14.0% 12.9% 12.4%

2018 Est. HH Income $15,000 to $24,999 15.8% 14.1% 13.5%

2018 Est. HH Income Under $15,000 23.0% 18.3% 17.5%

2018 Est. Average Household Income $42,979 $61,791 $65,430

2018 Est. Median Household Income $33,000 $44,815 $47,734

2018 Est. Per Capita Income $18,279 $26,895 $29,214

2018 Est. Total Businesses 350 6,701 12,501

2018 Est. Total Employees 3,520 84,842 160,650

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3230 E Admiral Pl1 mi radius 3 mi radius 5 mi radius

Tulsa, OK 74110

Demographicsquiktrip

3230 E Admiral Pl n, tulsa, ok

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