Log In/Sign Up
Your email has been sent.
The Sun Building 907 S Detroit Ave 249,346 SF 87% Leased Office Building Tulsa, OK 74120 $19,964,904 CAD ($80.07 CAD/SF) 8.79% Cap Rate
INVESTMENT HIGHLIGHTS
- Solid downtown visibility and access
- Established tenant base providing predictable cash flow
- $58 per SF - significantly below current replacement cost
EXECUTIVE SUMMARY
The Sun Building is a 14-story, 249,346 SF office tower located in the core of Downtown Tulsa. The property offers an attractive combination of stable in-place income and upside potential through additional lease-up and light repositioning. Generating approximately $1.275 million in annual NOI, the asset is being considered for sale at $14.5
million, representing an 8.8% cap rate and an exceptional $58 per square foot basis, well below replacement cost. The building features efficient floorplates, strong natural light, and established tenants providing consistent cash flow.
Positioned within Tulsa’s central business district, the property benefits from excellent visibility, accessibility, and proximity to major downtown employers, retail, and entertainment. This opportunity offers investors a compelling in- place yield with potential for further value creation in one of the Midwest’s most accessible and improving urban office markets.
million, representing an 8.8% cap rate and an exceptional $58 per square foot basis, well below replacement cost. The building features efficient floorplates, strong natural light, and established tenants providing consistent cash flow.
Positioned within Tulsa’s central business district, the property benefits from excellent visibility, accessibility, and proximity to major downtown employers, retail, and entertainment. This opportunity offers investors a compelling in- place yield with potential for further value creation in one of the Midwest’s most accessible and improving urban office markets.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
249,346 SF
Building Class
B
Year Built/Renovated
1954/2009
Price
$19,964,904 CAD
Price Per SF
$80.07 CAD
Cap Rate
8.79%
NOI
$1,754,915 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
14 Stories
Typical Floor Size
17,810 SF
Building FAR
5.99
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
76 Spaces (0.3 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Conferencing Facility
- Food Service
- Property Manager on Site
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 1,312 SF
- Office
- Full Build-Out
- 30 Days
- 1st Floor
- 818 SF
- Office
- Full Build-Out
- Now
- 3rd Floor
- 3,000-13,436 SF
- Office
- Full Build-Out
- Now
- 6th Floor
- 2,850 SF
- Office
- Full Build-Out
- Now
- 7th Floor
- 1,333 SF
- Office
- Full Build-Out
- Now
- 7th Floor
- 1,740 SF
- Office
- Full Build-Out
- Now
- 8th Floor
- 2,974 SF
- Office
- Full Build-Out
- Now
- 8th Floor
- 2,528 SF
- Office
- Full Build-Out
- Now
- 8th Floor
- 5,647 SF
- Office
- Full Build-Out
- Now
- 10th Floor
- 1,080 SF
- Office
- Full Build-Out
- 30 Days
- 13th Floor
- 1,116 SF
- Office
- Full Build-Out
- Now
- 13th Floor
- 731 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,312 SF | Office | Full Build-Out | 30 Days |
| 1st Floor | 818 SF | Office | Full Build-Out | Now |
| 3rd Floor | 3,000-13,436 SF | Office | Full Build-Out | Now |
| 6th Floor | 2,850 SF | Office | Full Build-Out | Now |
| 7th Floor | 1,333 SF | Office | Full Build-Out | Now |
| 7th Floor | 1,740 SF | Office | Full Build-Out | Now |
| 8th Floor | 2,974 SF | Office | Full Build-Out | Now |
| 8th Floor | 2,528 SF | Office | Full Build-Out | Now |
| 8th Floor | 5,647 SF | Office | Full Build-Out | Now |
| 10th Floor | 1,080 SF | Office | Full Build-Out | 30 Days |
| 13th Floor | 1,116 SF | Office | Full Build-Out | Now |
| 13th Floor | 731 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 1,312 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size |
| 818 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 3,000-13,436 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
6th Floor
| Size |
| 2,850 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Floor
| Size |
| 1,333 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Floor
| Size |
| 1,740 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
8th Floor
| Size |
| 2,974 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
8th Floor
| Size |
| 2,528 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
8th Floor
| Size |
| 5,647 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
10th Floor
| Size |
| 1,080 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
13th Floor
| Size |
| 1,116 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
13th Floor
| Size |
| 731 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $679,029 CAD | |
| Land Assessment | $88,850 CAD | Total Assessment | $767,880 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$88,850 CAD
Improvements Assessment
$679,029 CAD
Total Assessment
$767,880 CAD
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The Sun Building | 907 S Detroit Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.