Leased Office
For Sale
$238,500
3010 S 94th East Ave, Tulsa, OK 74129
Income-generating office property offered for sale with a fresh 36-month lease.
Property Size1,500 SF
Price / SF$159
Days on Market134
Property Features for 3010 S 94th East Ave
General Information
Standard status
Active
Size
1,500 SF
Building Details
Year Built
1970
Listing Agency:
Alpha Group Realty LLC
Listed By:
Tom Azar
(918) 991-0813
Source:
Alloverok
Added: Jun 12
Changed: Oct 17
Last Checked: Oct 21 at 12:13AM
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 Alpha Group Realty LLC
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Investment Insights
Based on property information with market context.
This leased office property is income generating and offered for sale. The space is covered by a fresh 36-month lease, providing current contracted rent of $2,000 per month.
The property is located at 3010 S 94th East Avenue in Tulsa, Oklahoma (74129).
The property is located at 3010 S 94th East Avenue in Tulsa, Oklahoma (74129).
Key Highlights
- Income‑generating office property with a fresh 36‑month lease
- Leased at $2,000/month
- Central air cooling with gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,314
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,280
$346.3K
Cap Rate 7%
$247,343
$247.3K
Cap Rate 9%
$192,378
$192.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$3.9K −$2.61/SF
EGI
$23.1K $15.39/SF
− OpEx
−$5.8K −$3.85/SF
NOI
$17.3K $11.54/SF
Area
Tulsa, OK
Vacancy
14.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,280
Cap Rate 7%
$247,343
Cap Rate 9%
$192,378
Alternative Uses
Best Use
Office B
$247.3K
$216.4K – $288.6K
NOI $17,314 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.9K
$279.9K – $373.3K
NOI $22,395 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 74129, OK
18,755
Population
7,751
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
4,689
Density / Sq Mi
$49,645
Median Household Income
$35,453
Median Earnings
$929
Median Rent
$141,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Office unit - Income-generating office property offered for sale with a fresh 36-month lease.
Where is this office unit located?
The property is located at 3010 S 94th East Ave Tulsa, OK.
What is the asking price?
The asking price for this property is $238,500.
What are key features of this property?
This property features: Income‑generating office property with a fresh 36‑month lease; Leased at $2,000/month; Central air cooling with gas
