Remodeled Retail Space For
9135 E 61st St Tulsa, OK
For Sale
Contact for pricing
Remodeled retail space with security system and detached storage.
Property Size4,900 SF
Lot Size0.49 Acres
Price / SF$155.10
Days on Market476
Property Features for 9135 E 61st St
General Information
Standard status
Active
Size
4,900 SF
Lot size
0.49 Acres
Property subtype
RETAIL
Listing Agency:
McGraw Commercial Properties | Tulsa
(918) 409-5611
Listed By:
Warren Stewart · License #138198
(918) 409-5611
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:15AM
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 McGraw Commercial Properties | Tulsa
Investment Insights
Based on property information with market context.
This 4,900 square foot retail space features a new roof installed in June 2022 and an interior remodel completed between 2023 and 2024. The property is equipped with a comprehensive security system, including a 32-camera surveillance system, a burglar alarm system, and a fire, smoke, and CO2 alarm system. Keypad-controlled access is available for areas beyond the lobby. The interior features new commercial-grade flooring, granite countertops, and newer interior paint throughout. Lighting was upgraded to LED in 2019. A new west end air handler/coil heat pump was installed in October 2023, and the HVAC system is on a service plan with Air Assurance. New electrical breaker panels were installed in 2023 and 2024. An exterior light timer was installed in 2023. The property also includes detached storage space.
Key Highlights
- Comprehensive Security System with 32‑camera surveillance, burglar, fire, smoke & CO2 alarms, and keypad access.
- Recent Interior Remodel completed in 2023‑2024.
- New Roof installed in June 2022.
Financial Insights For Retail
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 | $70.6k | $14.40 |
| − Vacancy | −$3.2k | −$0.65 |
| EGI | $67.4k | $13.75 |
| − OpEx | −$20.2k | −$4.13 |
| NOI | $47.2k | $9.63 |
4,900 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$673.8K
$589.6K – $786.2K
NOI $47,169 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$914.5K – $1.22M
NOI $73,157 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Remodeled retail space with security system and detached storage.
Where is this retail space located?
The property is located at 9135 E 61st St Tulsa, OK.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Comprehensive Security System with 32‑camera surveillance, burglar, fire, smoke & CO2 alarms, and keypad access.; Recent Interior Remodel completed in 2023‑2024.; New Roof installed in June 2022.
