Recently Remodeled Office
7181 S Braden Ave Tulsa, OK 74136
7181 S Braden Ave, Tulsa, OK, 74136
$450,000
For Sale
$450,000
Remodeled office layout includes reception, conference area, four offices, kitchen, and attached garage for storage.
Property Size2,892 SF
Price / SF$155.60
Days on Market737
Property Features for 7181 S Braden Ave
General Information
- Standard status
- Active
- Size
- 2,892 SF
Listing agency
Coldwell Banker Select
(918) 812-6510
Listed by
Amy Baumann
(918) 812-6510
Source
Exprealty
Added: Jul 15, 2024 Updated: Jul 20 at 11:48PM Checked: Jul 20 at 11:48PM
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 Coldwell Banker Select
Investment Insights
Based on property information with market context.
This recently remodeled office suite offers a practical mix of shared and private space, including a reception area and conference area plus four offices. The interior includes three bathrooms, including a private bath in the owner’s office. A full kitchen with appliances is also in place, with additional room off the kitchen for laundry or storage.
The property is positioned in the professional 71st and Yale corridor of Tulsa and is shown by appointment only. An attached garage provides extra storage convenience.
For a tenant or buyer seeking an owner-user or investor-ready setup, the space is designed to support an efficient day-to-day office workflow with dedicated rooms for meetings and private work.
The property is positioned in the professional 71st and Yale corridor of Tulsa and is shown by appointment only. An attached garage provides extra storage convenience.
For a tenant or buyer seeking an owner-user or investor-ready setup, the space is designed to support an efficient day-to-day office workflow with dedicated rooms for meetings and private work.
Key Highlights
- Remodeled office space with 2,892 SF in the 71st and Yale professional corridor of Tulsa
- Reception area plus conference area and 4 offices
- 3 bathrooms including a private bath in the owner’s office
Local Financial Insights For Office B
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 | $58.0k | $20.04 |
| − Vacancy | −$7.9k | −$2.73 |
| EGI | $50.1k | $17.31 |
| − OpEx | −$12.5k | −$4.33 |
| NOI | $37.6k | $12.99 |
2,892 SF · lease $20.04/SF/yr · vacancy 13.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$536.5K
$469.4K – $625.9K
NOI $37,555 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$627.1K
$548.7K – $731.6K
NOI $43,897 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Express Janitorial ...
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Remodeled office layout includes reception, conference area, four offices, kitchen, and attached garage for storage.
Where is this office building located?
The property is located at 7181 S Braden Ave Tulsa, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Remodeled office space with 2,892 SF in the 71st and Yale professional corridor of Tulsa; Reception area plus conference area and 4 offices; 3 bathrooms including a private bath in the owner’s office
