Retail Space with Security
For Sale
Contact for pricing
4744 S Mingo Rd, Tulsa, OK 74146
Retail space at 4744 S Mingo Rd in Tulsa with a security system and for-sale portfolio context.
Property Size4,800 SF
Price / SF$302.08
Days on Market156
Property Features for 4744 S Mingo Rd
General Information
Standard status
Active
Size
4,800 SF
Property subtype
RETAIL
Amenities
Security system
Listing Agency:
McGraw Commercial Properties | Tulsa
(918) 409-5611
Listed By:
Warren Stewart · License #138198
(918) 409-5611
Source:
Moodyscre
Added: Mar 10
Changed: Jul 31
Last Checked: Aug 11 at 12:07PM
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 McGraw Commercial Properties | Tulsa
Investment Insights
Based on property information with market context.
Retail space for sale located at 4744 S Mingo Rd in Tulsa, OK 74146. The property totals 4,800 square feet and includes a security system.
This is being offered as part of a portfolio sale that also includes 1020 S Elm Pl, Broken Arrow, OK 74012. For tenant access and additional details, contact the listing agent.
This is being offered as part of a portfolio sale that also includes 1020 S Elm Pl, Broken Arrow, OK 74012. For tenant access and additional details, contact the listing agent.
Key Highlights
- 4,800 square feet retail space at 4744 S Mingo Rd, Tulsa, OK 74146
- Security system included
- For‑sale portfolio listing including 1020 S Elm Pl, Broken Arrow, OK 74012
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
$46,207
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
3.19%
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%
$924,140
$924.1K
Cap Rate 7%
$660,100
$660.1K
Cap Rate 9%
$513,411
$513.4K
Market Conditions
NOI Build-Up for 4,800 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
$69.1K $14.40/SF
− Vacancy
−$3.1K −$0.65/SF
EGI
$66.0K $13.75/SF
− OpEx
−$19.8K −$4.13/SF
NOI
$46.2K $9.63/SF
Area
Tulsa, OK
Vacancy
4.50%
Lease Rate
$14.40 /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%
$924,140
Cap Rate 7%
$660,100
Cap Rate 9%
$513,411
Alternative Uses
Best Use
Retail
$660.1K
$577.6K – $770.1K
NOI $46,207 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$895.8K – $1.19M
NOI $71,664 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Dining 2%
QuikTrip
Shops & Services
39,945 visits/mo
0.3 miles
Robertson Tire
Shops & Services
1,581 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
1,331 visits/mo
0.0 miles
SecurCare Self Storage
Shops & Services
1,255 visits/mo
0.4 miles
SUBWAY
Dining
1,112 visits/mo
0.4 miles
Demographics for 74146, OK
16,427
Population
6,138
Households
2.7
Avg Household Size
29
Median Age
8%
College-Educated
69%
High-School Grad
5.1 sq mi
ZIP Area
3,221
Density / Sq Mi
$43,905
Median Household Income
$30,543
Median Earnings
$831
Median Rent
$134,300
Median Home Value
Market
Vacancy Rate% for Retail in Tulsa, OK
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space at 4744 S Mingo Rd in Tulsa with a security system and for-sale portfolio context.
Where is this retail space located?
The property is located at 4744 S Mingo Rd Tulsa, OK.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 4,800 square feet retail space at 4744 S Mingo Rd, Tulsa, OK 74146; Security system included; For‑sale portfolio listing including 1020 S Elm Pl, Broken Arrow, OK 74012
