5816 S 116th W Ave, Sand Springs, OK
Industrial property featuring a two-story office area.
- Added:
- Sep 10, 2025
- Days on Market:
- 299
- Last Refresh:
- May 20 at 8:19 pm
Property Features for 5816 S 116th W Ave
General Information
- Standard status
- Active
- Size
- 18,529 SF
- Lot size
- 1.26 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 5816 S 116th W Ave Contact usListing office Chinowth & Cohen - Bixby (918) 710-1704
Listing date Sep 10, 2025
Source Moodyscre
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 - Bixby
HighLights
- Flexible pricing offered by the owners.
- Large office area of approximately 4,128 square feet.
- Includes 11 private and executive offices.
- Equipped with a conference room and two kitchenettes (breakroom and second floor).
- Wired for technology and security systems.
- Many offices include two wall‑mounted computer monitors.
Overview
Local Financial Insights For Industrial
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 | $144.5k | $7.80 |
| − Vacancy | −$3.6k | −$0.20 |
| EGI | $140.9k | $7.60 |
| − OpEx | −$42.3k | −$2.28 |
| NOI | $98.6k | $5.32 |
Alternative Uses
Current Use by Public Records
Map
- City
- Sand Springs
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -96.1089
- Latitude
- 36.1398
