Build-to-Suit Retail
For Sale
Contact for pricing
8321 E 61st Street 321c, Tulsa, OK 74133
Retail space with HVAC improvements underway, plus build-to-suit options and site upgrades including new roof and parking lot.
Property Size1,293 SF
Price / SF$1.85
Days on Market99
Property Features for 8321 E 61st Street 321c
General Information
Standard status
Active
Size
1,293 SF
Additional Details
Flexible Term
Yes
Building Details
Year Built
1985
Listing Agency:
RE/MAX Results
Listed By:
Clinton Taylor Jr · License #204154
(918) 704-4605
Source:
Thewolekgroup
Added: Jul 20
Changed: Oct 25
Last Checked: Oct 24 at 7:52PM
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 space at 8321 E 61st Street, Unit 321C is offered with build-to-suit options coordinated with property management. New HVAC units are being installed throughout the complex, and additional exterior and roof improvements are underway, including a new roof and fresh exterior paint. A new parking lot is also planned to support convenient on-site access.
Interior renovations are next, with space being tailored to your business needs. The property is located at 61st and Memorial in Tulsa, Oklahoma.
For tenants and buyers seeking a customizable retail layout, this offering combines ongoing building systems upgrades with a renovation path designed to accommodate a tenant-specific build-out.
Interior renovations are next, with space being tailored to your business needs. The property is located at 61st and Memorial in Tulsa, Oklahoma.
For tenants and buyers seeking a customizable retail layout, this offering combines ongoing building systems upgrades with a renovation path designed to accommodate a tenant-specific build-out.
Key Highlights
- Commercial retail space, year built 1985
- New HVAC units throughout the complex
- Build‑to‑suit options available with management to tailor the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,572
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,440
$311.4K
Cap Rate 7%
$222,457
$222.5K
Cap Rate 9%
$173,022
$173.0K
Market Conditions
NOI Build-Up for 1,293 SF
Gross rent
$24.0K $18.60/SF
− Vacancy
−$1.8K −$1.40/SF
EGI
$22.2K $17.21/SF
− OpEx
−$6.7K −$5.16/SF
NOI
$15.6K $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%
$311,440
Cap Rate 7%
$222,457
Cap Rate 9%
$173,022
Alternative Uses
Best Use
Retail
$222.5K
$194.7K – $259.5K
NOI $15,572 @ 7.0% cap · market cap 652.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.1K
$300.2K – $400.3K
NOI $24,019 @ 7.0% cap · market cap 1,005.82%
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
- Village At Woodland Hills — Memorial & 68th St, Tulsa, OK 74133
- Copper Mountain — 6028 S Memorial Dr, Tulsa, OK 74145
- Eton Square — E 61st St, Tulsa, OK 74133
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space with HVAC improvements underway, plus build-to-suit options and site upgrades including new roof and parking lot.
Where is this shopping center located?
The property is located at 8321 E 61st Street 321c Tulsa, OK.
What are key features of this property?
This property features: Commercial retail space, year built 1985; New HVAC units throughout the complex; Build‑to‑suit options available with management to tailor the space
