Tulsa, OK Commercial Real Estate Market Trends & Data

What Are Current Commercial Real Estate Benchmarks in Tulsa?

Tulsa commercial properties are averaging $282 per square foot to buy and $409 per square foot to lease, with cap rates near 7.33% across asset types. The data below covers sale prices, lease rates, cap rates, and building sizes by property type to support early-stage market evaluation.

Explore Commercial Properties in Tulsa

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

Commercial Property For Sale in Tulsa

Commercial Property For Rent in Tulsa

Tulsa's Demographic Profile

Tulsa has 176,605 households and a median income of $52,193, providing context for rent absorption and tenant demand across retail and multifamily assets. A 3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metrics	Value
Population	424,414
# Households	176,605
Median age	37
Median household income	$52,193
Avg household size	2
Renter-occupied housing units	88,692
5-year population change	3%

Commercial Real Estate Market Snapshot in Tulsa

Use the benchmarks below to set initial underwriting baselines for Tulsa, typical deal size, entry costs, and cap rate ranges by asset type before evaluating individual listings.

Key Market Metrics	Value
Avg asking sale price	$282 per SF
Avg asking lease rate	$409 per SF
Avg unit size for lease	26,386 SF
Avg building size for sale	36,346 SF
Average cap rate	7.33%

The 7.33% average cap rate reflects current return expectations relative to Tulsa pricing and deal scale. Use this alongside asking prices and lease rates to establish initial underwriting assumptions.

Commercial Properties For Sale In Tulsa

The listings below reflect how current market pricing and building scale translate into active opportunities available today.

For Sale

2300 E Kenosha St

Broken Arrow, OK 74012

110,000 SF Retail Building
$18,000,000

For Sale

Stone Wood Hills

Broken Arrow, OK

Lots
Price Upon Request

For Sale

Village At Stone Wood Hills Retail I

Broken Arrow, OK

Retail Building
$11,700,000

For Sale

Quincy Townhomes

Tulsa, OK 74120

7,128 SF Multifamily
$1,499,000

For Sale

Meridian Tower

Tulsa, OK 74135

205,891 SF Office Building
$9,500,000

For Sale

Renaissance Brewery

Tulsa, OK 74104

7,000 SF Retail Building
$1,600,000

For Sale

6134 S Memorial Dr

Tulsa, OK 74133

650 SF Retail Building
$850,000

For Sale

5031 E Admiral Pl

Tulsa, OK 74115

2,780 SF Industrial Building
$235,000

Commercial Market Metrics by Property Type

Industrial Property Market Metrics Near Tulsa

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets	Avg Cost/SF	Typical Size	Cap Max
Tulsa	$108	58,354 SF	8.35%
Owasso	$167	278,526 SF	8.32%
Broken Arrow	$160	37,504 SF	6.00%

Retail Property Market Metrics Near Tulsa

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets	Avg Cost/SF	Typical Size
Tulsa	$363	15,278 SF
Owasso	$210	35,877 SF
Catoosa	$209	2,979 SF
Broken Arrow	$412	15,770 SF
Bixby	$336	8,981 SF

Multifamily Property Market Metrics Near Tulsa

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets	Avg Cost/SF	Typical Size	Cap Max
Tulsa	$132	63,123 SF	9.33%
Sapulpa	$144	57,704 SF	7.35%
Claremore	$261	5,180 SF	6.50%

How Investors Evaluate Commercial Real Estate Markets in Tulsa

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate Tulsa pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.

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Net Operating Income (NOI) Calculator

Calculating NOI and Understanding the Significance of This Metric in Commercial Real Estate Investment

Internal Rate of Return (IRR) Calculator

Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.

Cash on Cash Return

Learn How Cash on Cash Return Can Optimize Your Real Estate Investments

Debt Service Coverage Ratio (DSCR) Calculator

Assess Your Investment's Health in Seconds

Gross Rent Multiplier (GRM) Calculator & Investment Guide

Simplifying Your Investment Analysis

Land Loan Calculator

Use this calculator to estimate monthly payments, interest, and total financing costs for raw, unimproved, or improved land purchases.

Balloon Payment Calculator

Use this calculator to estimate monthly payments, total interest, and the final lump-sum balloon payment for commercial real estate loans.

Office Space Calculator

Estimate How Much Space Your Team Really Needs

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Tulsa pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets	Avg Cost/SF	Average Size
Tulsa	$282	36,346 SF
Owasso	$225	131,448 SF
Catoosa	$172	18,930 SF
Jenks	$674	5,333 SF
Sperry	$295	10,501 SF

Office Space For Sale In Tulsa

Office Space listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.

For Sale

Meridian Tower

Tulsa, OK 74135

205,891 SF Office Building
$9,500,000

For Sale

12080 S 36th Ave W

Sapulpa, OK 74066

2,915 SF Office Building
$1,500,000

For Sale

4915 S Union Ave

Tulsa, OK 74107

31,975 SF Office Building
$2,900,000

For Sale

1800 S Jackson Ave

Tulsa, OK 74107

9,912 SF Office Building
$1,200,000

For Sale

Tulsa North

Tulsa, OK 74116

16,700 SF Office Building
$1,450,000

For Sale

1404 S Quaker Ave

Tulsa, OK 74120

2,934 SF Office Building
$600,000

For Sale

9225 S Toledo Ave

Tulsa, OK 74137

2,232 SF Office Building
$650,000

For Sale

1201 E 3rd St

Tulsa, OK 74120

4,480 SF Office Building
$800,000

Regional Demographic Comparison

This comparison places Tulsa alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Tulsa or distributed across surrounding areas.

City	Population	# Households	Age	MedianHouseholdIncome	AvgHouseholdSize	RenterOccupiedHousingUnits	FiveYrPopGrowthPct
Tulsa	424,414	176,605	37	$52,193	2	88,692	3%
Owasso	35,185	13,225	36	$72,199	3	4,476	3%
Catoosa	7,853	3,094	39	$63,914	3	1,109	10%
Jenks	26,723	9,033	36	$96,306	3	2,053	4%
Sperry	742	287	38	$45,833	3	96	-8%

FAQs About Commercial Investing in Tulsa

View All Commercial Real Estate For Sale in Tulsa

Is Tulsa a good market for a first-time commercial real estate investor?

Tulsa offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Tulsa?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Tulsa. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Tulsa?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Tulsa. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Tulsa compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Tulsa. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Tulsa acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Tulsa, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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