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    9,600 SF Warehouse For Rent Title is generated by Realmo AI

    2039 N Yale Ave, Tulsa, OK

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    9,600 SF warehouse with showroom, office, and mezzanine storage.

    Type:INDUSTRIAL
    Property size:
    9,600 SF
    Lot size:
    0.76 Acres
    Price / SF:
    $109/SF
    Added:
    Oct 15, 2024
    Days on Market:
    617
    Last Refresh:
    May 19 at 9:09 pm

    Property Features for 2039 N Yale Ave

    General Information

    Standard status
    Active
    Size
    9,600 SF
    Lot size
    0.76 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

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    Listing Contact
    Shawna Hale, CCIM
    Shawna Hale, CCIM

    Listing agent Shawna Hale, CCIM License #OK 173449

    Listing office Wiggin Properties - Tulsa

    Listing date Oct 15, 2024

    Source Moodyscre

    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 Wiggin Properties - Tulsa

    HighLights

    • Large 9,600 sf building on ±5.88 acres with hard surfaced gravel lot.
    • Close proximity to Highway 11 and Highway 244.
    • Features 3‑Phase Power.
    • Includes ±1,644 sf showroom/office space.
    • Equipped with (3) 20’ x 16’ overhead doors.
    • Zoned IM and RS3.

    Overview

    This 9,600 square foot warehouse is available for rent. The property includes approximately 1,644 square feet of showroom and office space, as well as approximately 1,200 square feet of mezzanine storage. The warehouse has 18-foot eaves and 18-foot sidewalls. It features three 20-foot by 16-foot overhead doors and one 12-foot by 12-foot overhead door. The property is equipped with exhaust vents, 3-phase power, and is plumbed for air. Situated on approximately 5.88 acres with a hard-surfaced gravel lot, the property is zoned IM and RS3. It is located in close proximity to Highway 11 and Highway 244.

    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 $68.0k $7.08
    − Vacancy −$2.0k −$0.21
    EGI $65.9k $6.87
    − OpEx −$9.9k −$1.03
    NOI $56.0k $5.84
    9,600 SF · lease $7.08/SF/yr · vacancy 3.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $800.6K
    $700.5K – $934.0K (±1% cap)
    NOI $56,040 @ 7.0% cap · market cap 5.34%
    Second Best
    Industrial
    $659.3K
    $576.9K – $769.2K (±1% cap)
    NOI $46,150 @ 7.0% cap · market cap 4.40%
    Theoretical Best
    Office A
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,327 @ 7.0% cap · market cap 13.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Square Deal Auto ... Auto Parts Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Similar Places Nearby

    • Pak-All Inc. — 5420 E 9th St, Tulsa, OK 74112

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.9211
    Latitude
    36.183

    FAQs

    What type of property is this?
    Warehouse - 9,600 SF warehouse with showroom, office, and mezzanine storage.
    Where is this warehouse located?
    The property is located at 2039 N Yale Ave Tulsa, OK.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Large 9,600 sf building on ±5.88 acres with hard surfaced gravel lot.; Close proximity to Highway 11 and Highway 244.; Features 3‑Phase Power.
    (918) 282-8664 Call to check price and availability
    More about this property
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