Build-to-Suit Retail
For Sale
Contact for pricing
8321 E 61st Street 201a, Tulsa, OK 74133
Retail showroom suite with build-to-suit options and new HVAC, roof, exterior paint, and parking lot improvements underway.
Property Size2,978 SF
Price / SF$1.26
Days on Market97
Property Features for 8321 E 61st Street 201a
General Information
Standard status
Active
Size
2,978 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 7
Last Checked: Oct 24 at 9:11PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail showroom suite at 8321 E 61st Street 201a in Tulsa, Oklahoma is positioned for an end-to-end build-to-suit experience. The complex has new HVAC units throughout, and current and planned improvements include a new parking lot, a new roof, and fresh exterior paint. Interior renovations are also being tailored to create the setting for an operator’s specific requirements.
The property is described as being located at 61st and Memorial, an area noted for a high-end, upscale shopping feel and strong foot traffic. The project is being managed to accommodate customized build-out work, with coordination available through management as space is developed to suit the tenant’s vision.
If you’re looking for a retail showroom layout that can be shaped through active renovations and ongoing exterior upgrades, this suite is moving forward with multiple capital improvements in place.
The property is described as being located at 61st and Memorial, an area noted for a high-end, upscale shopping feel and strong foot traffic. The project is being managed to accommodate customized build-out work, with coordination available through management as space is developed to suit the tenant’s vision.
If you’re looking for a retail showroom layout that can be shaped through active renovations and ongoing exterior upgrades, this suite is moving forward with multiple capital improvements in place.
Key Highlights
- Commercial space at 61st & Memorial with build‑to‑suit options for a custom interior layout
- New HVAC units throughout the complex
- Improvements underway: new roof, fresh exterior paint, and a new parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,866
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,320
$717.3K
Cap Rate 7%
$512,371
$512.4K
Cap Rate 9%
$398,511
$398.5K
Market Conditions
NOI Build-Up for 2,978 SF
Gross rent
$55.4K $18.60/SF
− Vacancy
−$4.2K −$1.40/SF
EGI
$51.2K $17.21/SF
− OpEx
−$15.4K −$5.16/SF
NOI
$35.9K $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%
$717,320
Cap Rate 7%
$512,371
Cap Rate 9%
$398,511
Alternative Uses
Best Use
Retail
$512.4K
$448.3K – $597.8K
NOI $35,866 @ 7.0% cap · market cap 953.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$790.3K
$691.5K – $922.0K
NOI $55,319 @ 7.0% cap · market cap 1,470.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property 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
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 suite with build-to-suit options and new HVAC, roof, exterior paint, and parking lot improvements underway.
Where is this showroom located?
The property is located at 8321 E 61st Street 201a Tulsa, OK.
What are key features of this property?
This property features: Commercial space at 61st & Memorial with build‑to‑suit options for a custom interior layout; New HVAC units throughout the complex; Improvements underway: new roof, fresh exterior paint, and a new parking lot
