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    Industrial Distribution Center Title is generated by Realmo AI

    1111 North 161st East Avenue, Tulsa, OK 74116

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    For sale distribution warehouse property offering substantial industrial space for logistics and storage operations.

    Type:Industrial
    Property size:
    97,204 SF
    Price / SF:
    $91/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 2:09 am

    Property Features for 1111 North 161st East Avenue

    General Information

    Standard status
    Active
    Size
    97,204 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1986

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    Listing Contact
    Tim Speck
    Tim Speck

    Listing agent Tim Speck License #149994

    Listing office Marcus & Millichap - Oklahoma City

    Listing date Jun 3, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Oklahoma City

    HighLights

    • Distribution warehouse property offering industrial space for logistics and storage operations
    • Built in 1986

    Overview

    This property is an industrial distribution warehouse available for sale, totaling 97,204 square feet. The offering is positioned within the warehouse and distribution center categories, making it a straightforward fit for companies seeking dedicated industrial space for storage and distribution activities. For details beyond the basic listing information, the full marketing package is available via the property website.

    The asset is located at 1111 North 161st East Avenue in Tulsa, Oklahoma. The address provides the property’s primary identification and access location for prospective buyers and brokers preparing next steps, including tours and underwriting.

    Given the property’s warehouse/distribution center classification and its sizable footprint, it may be suitable for tenants and buyers looking for space that can support distribution workflows and general industrial warehousing needs. Interested parties should review the complete marketing package through the provided website link to confirm building-specific details and any operational characteristics that could affect fit, expansion planning, or leasing strategy.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $688.2k $7.08
    − Vacancy −$20.6k −$0.21
    EGI $667.6k $6.87
    − OpEx −$100.1k −$1.03
    NOI $567.4k $5.84
    97,204 SF · lease $7.08/SF/yr · vacancy 3.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $8.11M
    $7.09M – $9.46M (±1% cap)
    NOI $567,424 @ 7.0% cap · market cap 6.41%
    Second Best
    Industrial
    $6.68M
    $5.84M – $7.79M (±1% cap)
    NOI $467,291 @ 7.0% cap · market cap 5.28%
    Theoretical Best
    Office A
    $20.73M
    $18.14M – $24.19M (±1% cap)
    NOI $1,451,248 @ 7.0% cap · market cap 16.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Pharmacy Gym & Fitness Center Auto Parts Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.796767
    Latitude
    36.169059

    FAQs

    What type of property is this?
    Warehouse - For sale distribution warehouse property offering substantial industrial space for logistics and storage operations.
    Where is this warehouse located?
    The property is located at 1111 North 161st East Avenue Tulsa, OK.
    What is the asking price?
    The asking price for this property is $8,852,372.
    What are key features of this property?
    This property features: Distribution warehouse property offering industrial space for logistics and storage operations; Built in 1986
    More about this property
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