4070 Southwest Blvd Tulsa, OK 74107
Freestanding, income-producing commercial asset on historic Route 66.
Property Features for 4070 Southwest Blvd
General Information
- Standard status
- Active
- Size
- 5,450 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1983
Listing office Bauer & Associates (918) 665-1210
Listing date Feb 9, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Bauer & Associates
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey restaurant with existing equipment included, offering immediate income potential.
- Located on historic Route 66 in Tulsa's Red Fork corridor.
- Zoned IL (Industrial Light), providing flexibility for various commercial and light industrial uses.
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 | $85.0k | $15.60 |
| − Vacancy | −$3.0k | −$0.55 |
| EGI | $82.0k | $15.05 |
| − OpEx | −$20.5k | −$3.76 |
| NOI | $61.5k | $11.29 |