Retail Space for
For Sale
$4,927,699
679 W 101st Pl S, Jenks, OK 74037
Retail property available for sale at 679 W 101st Pl S.
Property Size15,686 SF
Days on Market197
Property Features for 679 W 101st Pl S
General Information
Standard status
Active
Size
15,686 SF
Property subtype
Retail - Freestanding
Building Details
Building Size
15,686 SF
Year Built
2023
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Nick Yaldo · License #6501447447
(248) 970-2648
Source:
Commercialcafe
Added: Apr 9
Changed: Oct 21
Last Checked: Oct 20 at 5:24PM
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 Encore Real Estate Investment Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property is being offered for sale at 679 W 101st Pl S in Jenks, Oklahoma.
Jenks is a Tulsa-area suburb located in northeastern Oklahoma, situated between the Arkansas River and U.S. Route 75. The city is part of the broader Tulsa metropolitan area and has experienced rapid growth in recent years. Tulsa and the surrounding region are known for the art deco architectural heritage found in the central Deco District.
For additional details on the building configuration, improvements, or tenancy, please contact the listing broker.
Jenks is a Tulsa-area suburb located in northeastern Oklahoma, situated between the Arkansas River and U.S. Route 75. The city is part of the broader Tulsa metropolitan area and has experienced rapid growth in recent years. Tulsa and the surrounding region are known for the art deco architectural heritage found in the central Deco District.
For additional details on the building configuration, improvements, or tenancy, please contact the listing broker.
Key Highlights
- Retail property for sale at 679 W 101st Pl S
- Built in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,762
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,195,240
$3.2M
Cap Rate 7%
$2,282,314
$2.3M
Cap Rate 9%
$1,775,133
$1.8M
Market Conditions
NOI Build-Up for 15,686 SF
Gross rent
$235.3K $15.00/SF
− Vacancy
−$7.1K −$0.45/SF
EGI
$228.2K $14.55/SF
− OpEx
−$68.5K −$4.36/SF
NOI
$159.8K $10.18/SF
Area
Tulsa County, OK
Vacancy
3.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,195,240
Cap Rate 7%
$2,282,314
Cap Rate 9%
$1,775,133
Alternative Uses
Best Use
Retail
$2.28M
$2.00M – $2.66M
NOI $159,762 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.54M
$3.09M – $4.12M
NOI $247,463 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Shops & Services 30%
Walmart Neighborhood Market
Groceries
35,093 visits/mo
0.2 miles
Kum & Go
Shops & Services
12,258 visits/mo
0.2 miles
Bank of Oklahoma
Shops & Services
2,739 visits/mo
0.3 miles
Demographics for 74037, OK
23,727
Population
8,811
Households
2.7
Avg Household Size
35
Median Age
47%
College-Educated
92%
High-School Grad
16.2 sq mi
ZIP Area
1,465
Density / Sq Mi
$101,573
Median Household Income
$53,608
Median Earnings
$1,565
Median Rent
$267,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property available for sale at 679 W 101st Pl S.
Where is this retail space located?
The property is located at 679 W 101st Pl S Jenks, OK.
What is the asking price?
The asking price for this property is $4,927,699.
What are key features of this property?
This property features: Retail property for sale at 679 W 101st Pl S; Built in 2023
