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Investment Highlights

  • Current Ownership Has Completed Meaningful Capital Improvements Over the Past Year — Reducing Near-Term CapEx Requirements for the Next Owner.
  • 138,021 Population and 2,478 Future Residential Units in the Development Pipeline (5-Mile Radius)
  • Improved Management Execution Has Driven Recent Gains in Occupancy and Income, While the Property Remains Below Stabilized Performance
  • Situated Along East 11th Street (Historic Route 66), the Facility Benefits from Strong Traffic Counts (29,400 VPD) and Excellent Visibility

Executive Summary

MORE INFO / VIEW OFFERING MEMORANDUM: https://selfstorageadvisory.com/properties/extra-space-storage-tulsa/
CBRE’s Self Storage Advisory Group is retained as the exclusive listing advisor for Extra Space Storage, which consists of 534 units totaling 63,220 net rentable square feet of ground-level drive-up and interior non-climate-controlled storage space, along with 76,964 net rentable square feet of uncovered parking. The well-maintained facility is strategically located along East 11th Street, a major east-west thoroughfare carrying approximately 29,400 vehicles per day, and is less than one-half mile from Interstate 44, providing convenient regional access while maintaining strong local visibility and accessibility. The surrounding trade area continues to experience population growth, with 138,021 residents and 2,478 future residential units planned within a 5-mile radius.
Tulsa, Oklahoma presents a compelling investment environment supported by strong economic performance and long-term growth fundamentals. Employment growth continues to outpace the state average, positioning Tulsa as the best-performing metro in Oklahoma. The region’s momentum is reinforced by substantial capital investment, including more than $7.3 billion generated in 2025 through Tulsa’s Future economic development initiatives, reflecting increasing business confidence and expanding industrial activity. Regional economists anticipate continued expansion driven by sustained employment growth, wage gains, and sector diversification—particularly within energy, manufacturing, and logistics—positioning Tulsa as a high-potential market for future investment.
*Extra Space Storage is the Third Party Manager

Property Facts

Sale Type Investment
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 14.60 AC
Building Size 63,220 SF
No. Stories 1
Year Built 1990
Tenancy Single
Parking Ratio 3.24/1,000 SF
Zoning CS

Amenities

  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
32400-94-05-01300
Land Assessment
$36,410
Improvements Assessment
$436,942
Total Assessment
$473,352
  • Listing ID: 39924283

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 12331 E 11th St, Tulsa, OK 74128

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