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Self-Storage Facility
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405 S 129th E Ave, Tulsa, OK 74108

Self-storage facility with 75.66% physical occupancy and 68.71% economic occupancy at the time of listing.

Property Size34,680 SF
Price / SF$40.37
Days on Market8

Property Features for 405 S 129th E Ave

General Information

Standard status Active
Size 34,680 SF
Class B
Property subtype Self Storage
Occupancy 75%
Investment Type Value Add
Net Operating Income $73,710

Financials

Asking Price $1,400,000
Cap Rate 5.26%

Building Details

Units 188
Tenancy Multi
Listing Agency: Grandstone Investment Sales
Listed By: Meir Perlmuter · License #BK3443325
Source: Crexi
Added: Aug 14 Changed: Aug 18 Last Checked: Aug 21 at 5:05AM

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 Grandstone Investment Sales

Investment Insights

Based on property information with market context.

This self-storage facility provides 34,680 rentable square feet and is currently operating at 75.66% physical occupancy and 68.71% economic occupancy. The property is offered for sale as a self-storage asset.

Located at 405 S 129th E Ave in Tulsa, OK 74108, the facility has a 5.26% in-place cap rate. Underwritten cap rates are 7.52% in Year 1 and 9.30% in Year 5, offering additional operating metrics for evaluating the asset’s current performance and projected capitalization profile.

Key Highlights

  • 34,680 rentable square feet of self‑storage space
  • Current physical occupancy of 75.66%
  • Current economic occupancy of 68.71%

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Auto Repair Shop Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 74108, OK

7,545
Population
3,159
Households
2.4
Avg Household Size
34
Median Age
13%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
867
Density / Sq Mi
$60,723
Median Household Income
$35,659
Median Earnings
$1,077
Median Rent
$122,700
Median Home Value

Market

Vacancy Rate% for Industrial in Tulsa, OK

2.6% 2019
2.4% 2020
3.3% 2021
3.9% 2022
3.2% 2023
2.8% 2024
2.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Self-storage facility with 75.66% physical occupancy and 68.71% economic occupancy at the time of listing.
Where is this self storage facility located?
The property is located at 405 S 129th E Ave Tulsa, OK.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 34,680 rentable square feet of self‑storage space; Current physical occupancy of 75.66%; Current economic occupancy of 68.71%
More about this property
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