Retail Showroom
For Sale
Contact for pricing
8321 E 61st Street 110, Tulsa, OK 74133
Retail showroom with HVAC upgrades, new parking lot and roof, plus exterior painting and interior renovations in progress.
Property Size6,084 SF
Price / SF$1.85
Days on Market97
Property Features for 8321 E 61st Street 110
General Information
Standard status
Active
Size
6,084 SF
Building Details
Year Built
1985
Listing Agency:
RE/MAX Results
Listed By:
Clinton Taylor Jr · License #204154
(918) 704-4605
Source:
Accentrealtors
Added: Jul 21
Changed: Oct 2
Last Checked: Oct 24 at 9:15PM
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 RE/MAX Results
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Investment Insights
Based on property information with market context.
This retail showroom space is being positioned for modern occupancy with new HVAC units throughout the complex. Work is also underway on exterior and site improvements, including a new parking lot, a new roof, and fresh exterior paint. Interior renovations are planned to tailor the space for the next tenant’s needs.
Located at 8321 E 61st Street, Unit 110 in Tulsa, the property is described as being at the intersection of 61st and Memorial. Build-to-suit options are available in coordination with management to customize the space for an approved business concept.
The current scope includes both exterior durability updates and interior tailoring, supporting a streamlined path to finalize improvements for a retail showroom use.
Located at 8321 E 61st Street, Unit 110 in Tulsa, the property is described as being at the intersection of 61st and Memorial. Build-to-suit options are available in coordination with management to customize the space for an approved business concept.
The current scope includes both exterior durability updates and interior tailoring, supporting a streamlined path to finalize improvements for a retail showroom use.
Key Highlights
- Commercial space with build‑to‑suit options for a custom layout tailored to your business vision
- New HVAC units throughout the complex
- Improvements underway: new parking lot to support convenient access and ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,273
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,465,460
$1.5M
Cap Rate 7%
$1,046,757
$1.0M
Cap Rate 9%
$814,144
$814.1K
Market Conditions
NOI Build-Up for 6,084 SF
Gross rent
$113.2K $18.60/SF
− Vacancy
−$8.5K −$1.40/SF
EGI
$104.7K $17.21/SF
− OpEx
−$31.4K −$5.16/SF
NOI
$73.3K $12.04/SF
Area
ZIP 74133
Vacancy
7.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,465,460
Cap Rate 7%
$1,046,757
Cap Rate 9%
$814,144
Alternative Uses
Best Use
Retail
$1.05M
$915.9K – $1.22M
NOI $73,273 @ 7.0% cap · market cap 651.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $113,016 @ 7.0% cap · market cap 1,005.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
170k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 36%
Shops & Services 28%
Dining 25%
Groceries 11%
T.J. Maxx
Apparel
51,542 visits/mo
0.1 miles
QuikTrip
Shops & Services
30,677 visits/mo
0.4 miles
Aldi
Groceries
18,937 visits/mo
0.1 miles
Hooters
Dining
18,222 visits/mo
0.1 miles
Uptown Cheapskate
Apparel
9,410 visits/mo
0.1 miles
Demographics for 74133, OK
48,331
Population
22,638
Households
2.1
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,528
Density / Sq Mi
$73,983
Median Household Income
$43,897
Median Earnings
$1,129
Median Rent
$254,700
Median Home Value
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Market
Vacancy Rate% for Retail in Tulsa, OK
Similar Off Market Nearby
- RW Supply and Design — 5521 S 94th E Ave, Tulsa, OK 74145
Frequently Asked Questions
What type of property is this?
Showroom - Retail showroom with HVAC upgrades, new parking lot and roof, plus exterior painting and interior renovations in progress.
Where is this showroom located?
The property is located at 8321 E 61st Street 110 Tulsa, OK.
What are key features of this property?
This property features: Commercial space with build‑to‑suit options for a custom layout tailored to your business vision; New HVAC units throughout the complex; Improvements underway: new parking lot to support convenient access and ample parking
