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.