Multi-Tenant Flex
For Sale
$1,100,000
841 Industrial Drive, Yukon, OK 73099
Commercial Sale, Yukon, OK
Property Size9,000 SF
Lot Size0.69 Acres
Price / SF$122.22
Days on Market120
Property Features for 841 Industrial Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
841NONEIndustrial73099
Size
9,000 SF
Lot size
0.69 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1991
Floors in Building
1
Listing Agency:
Solas Real Estate LLC
(405) 451-0000
Listed By:
Ryan Motsinger · License #174636
(405) 513-1299
Added: Apr 26
Changed: Aug 19
Last Checked: Aug 23 at 2:06PM
MLS# 1226204
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 9,000-square-foot flex space property contains multiple tenant units with adaptable configurations and was built in 1991. The asset is fully leased and reports a 6.5% cap rate. Electric and gas are individually metered by unit, while water is supplied through one meter.
The property occupies 0.69 acres at 841 Industrial Drive in Yukon, Oklahoma. It is positioned just off Route 66, also identified as Yukon Main Street, with access to the turnpike and I-40. Public water and public sewer serve the site.
The property occupies 0.69 acres at 841 Industrial Drive in Yukon, Oklahoma. It is positioned just off Route 66, also identified as Yukon Main Street, with access to the turnpike and I-40. Public water and public sewer serve the site.
Key Highlights
- 9,000 square feet of multi‑tenant flex space
- Fully leased property with a reported 6.5% cap rate
- 0.69‑acre site at 841 Industrial Drive, Yukon, OK 73099
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,859
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,357,180
$1.4M
Cap Rate 7%
$969,414
$969.4K
Cap Rate 9%
$753,989
$754.0K
Market Conditions
NOI Build-Up for 9,000 SF
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.
Gross rent
$86.4K $9.60/SF
− Vacancy
−$6.6K −$0.73/SF
EGI
$79.8K $8.87/SF
− OpEx
−$12.0K −$1.33/SF
NOI
$67.9K $7.54/SF
Area
Canadian County, OK
Vacancy
7.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,357,180
Cap Rate 7%
$969,414
Cap Rate 9%
$753,989
Alternative Uses
Best Use
Warehouse
$969.4K
$848.2K – $1.13M
NOI $67,859 @ 7.0% cap · market cap 6.17%
Second Best
Industrial
$798.3K
$698.6K – $931.4K
NOI $55,884 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,176 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73099, OK
83,213
Population
32,654
Households
2.5
Avg Household Size
35
Median Age
35%
College-Educated
94%
High-School Grad
124.7 sq mi
ZIP Area
667
Density / Sq Mi
$86,198
Median Household Income
$46,490
Median Earnings
$1,255
Median Rent
$229,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Fully leased commercial property with separately metered electric and gas for each unit.
Where is this flex space located?
The property is located at 841 Industrial Drive Yukon, OK.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 9,000 square feet of multi‑tenant flex space; Fully leased property with a reported 6.5% cap rate; 0.69‑acre site at 841 Industrial Drive, Yukon, OK 73099
