8740 E 11th St, Tulsa, OK
Office space featuring multiple offices, meeting spaces, and shared amenities.
- Added:
- Oct 29, 2024
- Days on Market:
- 603
- Last Refresh:
- May 19 at 10:31 pm
Property Features for 8740 E 11th St
General Information
- Standard status
- Active
- Size
- 4,100 SF
- Lot size
- 0.94 Acres
- Property subtype
- OFFICE
Listing agent Lee M Cohen
Listing office Chinowth & Cohen - South Tulsa (918) 392-0900
Listing date Oct 29, 2024
Source Moodyscre
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 Chinowth & Cohen - South Tulsa
HighLights
- 15 Offices/Meeting Spaces available
- Welcoming Reception Area
- Shared Conference Room for collaborative meetings
- Good Condition
- Storage Closets
- Zoning: CS
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.8k | $18.00 |
| − Vacancy | −$10.7k | −$2.61 |
| EGI | $63.1k | $15.39 |
| − OpEx | −$15.8k | −$3.85 |
| NOI | $47.3k | $11.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Creek
- State
- Oklahoma
- Longitude
- -95.8785
- Latitude
- 36.1475