1607 OK-66 Catoosa, OK
Iconic property on Route 66 with income stream.
Property Features for 1607 OK-66
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.59 Acres
- Property subtype
- RETAIL
Listing office Herndon & Kelley Commercial Real Estate (918) 688-8872
Listing date Nov 25, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- Located on world‑famous Route 66.
- Significant income stream.
- Updated property.
Local 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 | $106.2k | $21.24 |
| − Vacancy | −$5.9k | −$1.19 |
| EGI | $100.3k | $20.05 |
| − OpEx | −$30.1k | −$6.02 |
| NOI | $70.2k | $14.04 |