Listing Agency: CBRE - Tulsa l***@cbre.com Show Phone

Listed By: Leslie Kirkpatrick Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 12 at 1:43PM

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Investment Insights

Based on property information with market context.

This commercial real estate property is an office building located in Tulsa, OK. It offers 124,502 square feet of space available for rent.

Key Highlights

• 124,502 square feet of office space available
• Office building for rent

Property Analytics

Property Profile

Current Use

Newfield Exploration Mid-Cont Auto Repair Shop fROOT Bowls Acai ... Restaurant Shoe Smiles Shoe ... (Bike/Boat/Book/etc) Store RibCrib BBQ Restaurant QuikTrip Gas Station

Suggested Use

Top Pick Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Skin Care Clinic Veterinary Clinic Locksmith

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

Lease Details

NNN (Triple Net)

Lease Type

$3.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,944

Businesses Nearby

Explore this area Business Placement

Demographics for 74103, OK

3,082

Population

670

Households

4.6

Avg Household Size

37

Median Age

26%

College-Educated

83%

High-School Grad

0.7 sq mi

ZIP Area

4,403

Density / Sq Mi

$92,083

Median Household Income

$49,983

Median Earnings

$1,395

Median Rent

Market

Lease Benchmarks for Tulsa, OK

$15.77 /SF/Yr

Avg Asking Price

$2.93–$32 /SF/Yr

Price Range

32,923 SF

Avg Space Size

This space is priced 40% above the average of $15.77 /SF/Yr.

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

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Frequently Asked Questions

What type of property is this?

Office building - Office building with 124,502 square feet available for rent.

Where is this office building located?

The property is located at 101 East 2nd Street South Tulsa, OK.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: 124,502 square feet of office space available; Office building for rent