Office Building with Covered
For Sale
Contact for pricing
5555 E 71st Street A, Tulsa, OK 74136
Two-level covered parking and adaptable suite configurations support office and medical occupancy.
Property Size91,713 SF
Price / SF$0.01
Days on Market64
Property Features for 5555 E 71st Street A
General Information
Standard status
Active
Size
91,713 SF
Building Details
Year Built
1985
Listing Agency:
Chinowth & Cohen
Listed By:
Matt Thompson · License #158641
(918) 808-6969
Source:
Thewolekgroup
Added: Aug 15
Changed: Oct 16
Last Checked: Oct 7 at 4:53PM
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 Chinowth & Cohen
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Investment Insights
Based on property information with market context.
This 91,713-square-foot office building at 5555 E 71st Street A includes flexible suite sizes, rooftop balconies in select suites, and a two-level covered parking garage. The property was built in 1985 and is positioned for office and medical users, along with law firms, financial services firms, and other professional offices.
The building is minutes from Saint Francis Hospital, Woodland Hills Mall, I-44, and Hwy 169. Its location places tenants near established healthcare, retail, and regional transportation connections in the 71st and Yale corridor.
The building is minutes from Saint Francis Hospital, Woodland Hills Mall, I-44, and Hwy 169. Its location places tenants near established healthcare, retail, and regional transportation connections in the 71st and Yale corridor.
Key Highlights
- 91,713‑square‑foot office and medical building
- Two‑level covered parking garage
- Rooftop balconies available in select suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,093,512
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,870,240
$21.9M
Cap Rate 7%
$15,621,600
$15.6M
Cap Rate 9%
$12,150,133
$12.2M
Market Conditions
NOI Build-Up for 91,713 SF
Gross rent
$1.98M $21.60/SF
− Vacancy
−$158.5K −$1.73/SF
EGI
$1.82M $19.87/SF
− OpEx
−$729.0K −$7.95/SF
NOI
$1.09M $11.92/SF
Area
ZIP 74136
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,870,240
Cap Rate 7%
$15,621,600
Cap Rate 9%
$12,150,133
Alternative Uses
Best Use
Office B
$17.01M
$14.89M – $19.85M
NOI $1,190,978 @ 7.0% cap · market cap 119,097.80%
Second Best
Healthcare Medical
$15.62M
$13.67M – $18.23M
NOI $1,093,512 @ 7.0% cap · market cap 109,351.20%
Theoretical Best
Office A
$19.89M
$17.40M – $23.20M
NOI $1,392,089 @ 7.0% cap · market cap 139,208.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,925
Businesses Nearby
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Business Placement
Demographics for 74136, OK
30,416
Population
16,375
Households
1.9
Avg Household Size
38
Median Age
38%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
3,950
Density / Sq Mi
$51,314
Median Household Income
$35,072
Median Earnings
$926
Median Rent
$292,200
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 building - Two-level covered parking and adaptable suite configurations support office and medical occupancy.
Where is this office building located?
The property is located at 5555 E 71st Street A Tulsa, OK.
What are key features of this property?
This property features: 91,713‑square‑foot office and medical building; Two‑level covered parking garage; Rooftop balconies available in select suites
