New Strip Center
For Sale
Contact for pricing
D-11350 E 31st St, Tulsa, OK 74105
Newly built strip center offers about 1,800 SF for retail or office use, available September 2026.
Property Size10,800 SF
Price / SF$0.31
Days on Market172
Property Features for D-11350 E 31st St
General Information
Standard status
Active
Size
10,800 SF
Taxes and HOA fees
Annual Taxes
$2,707
Listing Agency:
Keller Williams Premier
(918) 283-2252
Listed By:
Sandra Sorber · License #183749
(918) 260-6717
Source:
Exprealty
Added: May 4
Changed: Oct 1
Last Checked: Oct 21 at 12:15AM
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 Keller Williams Premier
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 newly built strip center includes approximately 1,800 SF of flexible space suited to either retail or office use. The offering is part of a larger roughly 10,800 SF center and is being marketed for a modern, functional buildout appropriate for a range of professional and retail tenants.
Located at D-11350 E 31st St in Tulsa, OK, the property is described as providing excellent visibility and steady foot traffic within a diverse, growing community. Availability is scheduled for September 2026.
Located at D-11350 E 31st St in Tulsa, OK, the property is described as providing excellent visibility and steady foot traffic within a diverse, growing community. Availability is scheduled for September 2026.
Key Highlights
- Newly built strip center with approximately 1,800 SF of flexible retail or office space
- Available September 2026
- Flexible layout suitable for a variety of retail or professional office uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,388
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,760
$2.4M
Cap Rate 7%
$1,705,543
$1.7M
Cap Rate 9%
$1,326,533
$1.3M
Market Conditions
NOI Build-Up for 10,800 SF
Gross rent
$181.4K $16.80/SF
− Vacancy
−$10.9K −$1.01/SF
EGI
$170.6K $15.79/SF
− OpEx
−$51.2K −$4.74/SF
NOI
$119.4K $11.05/SF
Area
ZIP 74105
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,760
Cap Rate 7%
$1,705,543
Cap Rate 9%
$1,326,533
Alternative Uses
Best Use
Retail
$1.71M
$1.49M – $1.99M
NOI $119,388 @ 7.0% cap · market cap 3,617.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $185,069 @ 7.0% cap · market cap 5,608.15%
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
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 74105, OK
26,640
Population
14,531
Households
1.8
Avg Household Size
41
Median Age
49%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
3,649
Density / Sq Mi
$69,864
Median Household Income
$47,580
Median Earnings
$989
Median Rent
$318,500
Median Home Value
Market
Vacancy Rate% for Retail in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Strip mall - Newly built strip center offers about 1,800 SF for retail or office use, available September 2026.
Where is this strip mall located?
The property is located at D-11350 E 31st St Tulsa, OK.
What are key features of this property?
This property features: Newly built strip center with approximately 1,800 SF of flexible retail or office space; Available September 2026; Flexible layout suitable for a variety of retail or professional office uses
