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New Strip Mall Retail Space

11350 E 31st Street S E, Tulsa, OK 74146

For Sale
Contact for pricing

Flexible commercial space is scheduled for availability in September 2026.

Property Size1,800 SF
Price / SF$1.83
Days on Market86

Property Features for 11350 E 31st Street S E

General Information

Standard status Active
Size 1,800 SF

Site & Location

Neighborhood Briarglen Plaza

Building Details

Year Built 2026
Listing Agency: Keller Williams Premier
Listed By: Sandra Sorber · License OK #183749
Source: Thebaynebrookgroup
Added: Aug 19 Changed: Oct 25 Last Checked: Oct 7 at 4:34PM

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 Keller Williams Premier

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This approximately 1,800-SF commercial space is part of a newly constructed strip mall completed in 2026. The layout is positioned for either retail or professional office occupancy, providing adaptable space within a modern development.

The property is located at 11350 E 31st Street S E in Tulsa, Oklahoma, with availability scheduled for September 2026. Its configuration supports businesses seeking a newly built commercial setting for customer-facing retail or office operations.

Key Highlights

  • Approximately 1,800 SF of commercial space
  • Newly constructed strip mall completed in 2026
  • Configured for retail or professional office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,328
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,560 $346.6K
Cap Rate 7%
$247,543 $247.5K
Cap Rate 9%
$192,533 $192.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$25.9K $14.40/SF
− Vacancy
−$1.2K −$0.65/SF
EGI
$24.8K $13.75/SF
− OpEx
−$7.4K −$4.13/SF
NOI
$17.3K $9.63/SF
Area
Tulsa, OK
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,560
Cap Rate 7%
$247,543
Cap Rate 9%
$192,533

Alternative Uses

Best Use
Office B
$296.8K
$259.7K – $346.3K (±1% cap)
NOI $20,777 @ 7.0% cap
Second Best
Retail
$247.5K
$216.6K – $288.8K (±1% cap)
NOI $17,328 @ 7.0% cap
Theoretical Best
Office A
$383.9K
$335.9K – $447.9K (±1% cap)
NOI $26,874 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 74146, OK

16,427
Population
6,138
Households
2.7
Avg Household Size
29
Median Age
8%
College-Educated
69%
High-School Grad
5.1 sq mi
ZIP Area
3,221
Density / Sq Mi
$43,905
Median Household Income
$30,543
Median Earnings
$831
Median Rent
$134,300
Median Home Value

Market

Vacancy Rate% for Office in Tulsa, OK

10.4% 2019
11.7% 2020
12.1% 2021
11.9% 2022
10.4% 2023
9.2% 2024
10.6% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Flexible commercial space is scheduled for availability in September 2026.
Where is this strip mall located?
The property is located at 11350 E 31st Street S E Tulsa, OK.
What are key features of this property?
This property features: Approximately 1,800 SF of commercial space; Newly constructed strip mall completed in 2026; Configured for retail or professional office use
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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