Broken Arrow Sale-Leaseback
For Sale
Contact for pricing
Pending
20701 E 81st St S, Broken Arrow, OK 74014
106,523 SF NNN leased to Swift Collision.
Property Size106,523 SF
Days on Market170
Property Features for 20701 E 81st St S
General Information
Standard status
Pending
Size
106,523 SF
Property subtype
Industrial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Sale/Leaseback
Net Operating Income
$1,380,000
Building Details
Year Built
1993
Year Renovated
2022
Buildings
2
Tenancy
Single
Listing Agency:
SVN | OAK Realty Advisors
Listed By:
Caden Farmer · License #210148
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 11 at 11:07AM
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 SVN | OAK Realty Advisors
Investment Insights
Based on property information with market context.
This property offers a 106,523 SF sale-leaseback opportunity with Swift Collision as the tenant. Swift Collision is a collision repair company experiencing rapid growth and has expansion plans. The tenant pays $115,000 monthly in absolute NNN rent. The property is located at 20701 E 81st Street in Broken Arrow, situated in a desirable industrial corridor within the Tulsa MSA. The facility features a modern build-out specifically designed for collision operations, including new equipment, systems, and infrastructure. This is a true sale-leaseback arrangement with no landlord responsibilities. The property offers long-term income secured by a mission-critical facility. The location, build-out, and tenant growth make this asset a compelling opportunity for investors seeking stable yield.
Key Highlights
- Absolute NNN lease provides hands‑off, durable cash flow of $115,000 per month.
- Sale‑leaseback opportunity with a fast‑growing collision repair company, Swift Collision.
- Located in a desirable and supply‑constrained industrial corridor in the Tulsa MSA.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,088,919
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$21,778,380
$21.8M
Cap Rate 7%
$15,555,986
$15.6M
Cap Rate 9%
$12,099,100
$12.1M
Market Conditions
NOI Build-Up for 106,523 SF
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.
Gross rent
$1.70M $15.96/SF
− Vacancy
−$144.5K −$1.36/SF
EGI
$1.56M $14.60/SF
− OpEx
−$466.7K −$4.38/SF
NOI
$1.09M $10.22/SF
Area
Broken Arrow, OK
Vacancy
8.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$21,778,380
Cap Rate 7%
$15,555,986
Cap Rate 9%
$12,099,100
Alternative Uses
Best Use
Retail
$15.56M
$13.61M – $18.15M
NOI $1,088,919 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$8.77M
$7.68M – $10.23M
NOI $614,007 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$24.92M
$21.80M – $29.07M
NOI $1,744,182 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74014, OK
41,284
Population
15,500
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
105.0 sq mi
ZIP Area
393
Density / Sq Mi
$94,102
Median Household Income
$47,193
Median Earnings
$1,433
Median Rent
$240,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Swift Recon — 20701 E 81st St S, Broken Arrow, OK 74014
- Automotive Industries — 20701 E 81st St S Suite 202, Broken Arrow, OK 74014
Frequently Asked Questions
What type of property is this?
Auto shop - 106,523 SF NNN leased to Swift Collision.
Where is this auto shop located?
The property is located at 20701 E 81st St S Broken Arrow, OK.
What is the asking price?
The asking price for this property is $23,000,000.
What are key features of this property?
This property features: Absolute NNN lease provides hands‑off, durable cash flow of $115,000 per month.; Sale‑leaseback opportunity with a fast‑growing collision repair company, Swift Collision.; Located in a desirable and supply‑constrained industrial corridor in the Tulsa MSA.
