Former Bank Retail
400 N Mission St Sapulpa, OK 74066
400 N Mission St, Sapulpa, OK, 74066
$750,000
For Sale
$750,000
Former bank space offering approximately 4,400 SF of retail use in Sapulpa, OK.
Property Size4,400 SF
Price / SF$170.45
Days on Market28
Property Features for 400 N Mission St
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1983
Listing agency
McGraw Commercial Properties
(918) 740-7707
Listed by
Drew Dossey, CCIM · License #174020
(918) 740-7707
Source
Mcgrawcp
Added: Jun 25 Updated: Jul 22 at 5:30AM Checked: Jul 22 at 5:30AM
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
Investment Insights
Based on property information with market context.
This property is a former bank building currently marketed as retail space. The offering includes approximately 4,400 SF, providing a ready-to-lease or repositioned footprint for a commercial user.
The site is located at 400 N Mission St in Sapulpa, Oklahoma, where it can serve as a storefront-type location for retail operations.
As a single property sale, it presents an opportunity to acquire a bank-to-retail conversion asset with a defined, existing interior layout and retail-oriented address.
The site is located at 400 N Mission St in Sapulpa, Oklahoma, where it can serve as a storefront-type location for retail operations.
As a single property sale, it presents an opportunity to acquire a bank-to-retail conversion asset with a defined, existing interior layout and retail-oriented address.
Key Highlights
- Year built: 1983
- Former bank space with approximately 4,400 SF of retail use
- Sapulpa, OK retail property
Local Financial Insights For Specialty 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 | $79.2k | $18.00 |
| − Vacancy | −$2.4k | −$0.54 |
| EGI | $76.8k | $17.46 |
| − OpEx | −$19.2k | −$4.37 |
| NOI | $57.6k | $13.10 |
4,400 SF · lease $18.00/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$823.1K
$720.2K – $960.3K
NOI $57,618 @ 7.0% cap · market cap 7.68%
Second Best
Retail
$193.7K
$169.5K – $226.0K
NOI $13,557 @ 7.0% cap · market cap 1.81%
Theoretical Best
Office A
$1.08M
$946.8K – $1.26M
NOI $75,741 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mission Wellness
Clothing & Fashion Store
Excel Therapy
Physician
Andy's Tacos
Restaurant
Dr. Tera Santistevan, ...
Physician
Mike Flanary
Physician
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FAQs
What type of property is this?
Bank - Former bank space offering approximately 4,400 SF of retail use in Sapulpa, OK.
Where is this bank located?
The property is located at 400 N Mission St Sapulpa, OK.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Year built: 1983; Former bank space with approximately 4,400 SF of retail use; Sapulpa, OK retail property
