Panera Building Sells for $700,000

The former Panera Bread building at 3811 E. 51st St. in Tulsa has sold to Teagan Properties LLC for $700,000.
The building, which will be converted to the dental practice My Dentist, was sold by M&S LLC. The property, built in 1997 on a 24,709-SF lot, appraised for $688,400 in 2007.
Additionally, 1,343 SF of the property was acquired by the Oklahoma Department of Transportation for expansion of I-44.
Monty Berry, CCIM of NAI Commercial Properties was the broker for both buyer and seller in the transaction. Attorney Bill Jones of Jones Gotcher PC provided legal assistance to Berry in the ODOT transaction.

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