Retail Space with
9718 Riverside Pkwy Tulsa, OK 74137
For Sale
Contact for pricing
For sale retail space with a dedicated patio and 6,600 SF of available area on 2.00 acres.
Property Size6,600 SF
Lot Size2.00 Acres
Price / SF$189.39
Days on Market756
Property Features for 9718 Riverside Pkwy
General Information
Standard status
Active
Size
6,600 SF
Lot size
2.00 Acres
Property subtype
RETAIL
Listing Agency:
CBRE | Oklahoma City
(405) 607-6272
Listed By:
Mark Inman
(405) 607-6272
Source:
Moodyscre
Added: Jul 4, 2024
Changed: Jul 25
Last Checked: Jul 28 at 3:22PM
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 CBRE | Oklahoma City
Investment Insights
Based on property information with market context.
This for-sale retail space offers 6,600 SF of available area and includes an outdoor patio. The property sits on 2.00 acres, providing room for a tenant-ready retail layout supported by the existing patio feature.
The offering is located at 9718 Riverside Pkwy, Tulsa, OK 74137. The asking price is $1,250,000, and the current lease rate is listed at $110,000 per year.
With both interior retail space and a patio included, the property may support a variety of retail configurations where outdoor use is valuable to the customer experience.
The offering is located at 9718 Riverside Pkwy, Tulsa, OK 74137. The asking price is $1,250,000, and the current lease rate is listed at $110,000 per year.
With both interior retail space and a patio included, the property may support a variety of retail configurations where outdoor use is valuable to the customer experience.
Key Highlights
- For sale retail space with 6,600 SF of available area
- Set on 2.00 acres of land
- Includes a dedicated patio
Financial Insights For Retail
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 | $99.0k | $15.00 |
| − Vacancy | −$5.9k | −$0.90 |
| EGI | $93.1k | $14.10 |
| − OpEx | −$27.9k | −$4.23 |
| NOI | $65.1k | $9.87 |
6,600 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$930.6K
$814.3K – $1.09M
NOI $65,142 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,180 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail space with a dedicated patio and 6,600 SF of available area on 2.00 acres.
Where is this retail space located?
The property is located at 9718 Riverside Pkwy Tulsa, OK.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: For sale retail space with 6,600 SF of available area; Set on 2.00 acres of land; Includes a dedicated patio
