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    Class A Office Building Title is generated by Realmo AI

    2601 Kelley Pointe Pkwy, Edmond, OK

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    Fully occupied, prestigious Class A office building in Edmond, OK.

    Type:OFFICE
    Property size:
    19,362 SF
    Lot size:
    2.60 Acres
    Price / SF:
    $193/SF
    Added:
    Jan 30, 2025
    Days on Market:
    499
    Last Refresh:
    May 20 at 8:58 pm

    Property Features for 2601 Kelley Pointe Pkwy

    General Information

    Standard status
    Active
    Size
    19,362 SF
    Lot size
    2.60 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Casey Massegee

    Listing agent Casey Massegee

    Listing office Grant Group

    Listing date Jan 30, 2025

    Source Moodyscre

    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 Grant Group

    HighLights

    • Anchored by OU Medicine Breast Health Network with a lease through 2030.
    • Fully occupied Class "A" office building in Edmond, OK.
    • Recently updated common areas and a new ~$115K chiller system.
    • Stone facade and heavily landscaped grounds.
    • Abundant natural light throughout the building.
    • All tenants have recently renewed their leases.

    Overview

    This is a prime opportunity to own a fully occupied and beautifully appointed Class "A" office building in Edmond, OK. The property is easily one of the most prestigious buildings in the Edmond market, offering high-end finishes both inside and out. The exterior boasts an entirely stone facade, an exorbitant amount of windows providing natural light from nearly every office in the building, as well as heavily landscaped grounds. The interior has recently received a full modern update of all common area spaces and a new ~$115K chiller system. The property is anchored by OU Medicine Breast Health Network, a tenant in the building since 2011, which recently executed a new lease through 2030 and invested a significant amount in tenant improvements. The two additional tenants have also recently renewed their leases. The building has 19362 square feet of space.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $323.0k $16.68
    − Vacancy −$31.0k −$1.60
    EGI $292.0k $15.08
    − OpEx −$73.0k −$3.77
    NOI $219.0k $11.31
    19,362 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.13M
    $2.74M – $3.65M (±1% cap)
    NOI $218,966 @ 7.0% cap · market cap 5.84%
    Second Best
    Healthcare Medical
    $2.87M
    $2.51M – $3.35M (±1% cap)
    NOI $200,878 @ 7.0% cap · market cap 5.36%
    Theoretical Best
    Office A
    $4.03M
    $3.53M – $4.70M (±1% cap)
    NOI $282,292 @ 7.0% cap · market cap 7.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stephanie Burger, Homestead ... Real Estate Agency Ashley Magness, M.D. Physician Lori Fredrick, M.D. Physician Sarah Nichols Realtor ... Real Estate Agency Charles Willoughby-Realtor With ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5003
    Latitude
    35.6331

    FAQs

    What type of property is this?
    Office building - Fully occupied, prestigious Class A office building in Edmond, OK.
    Where is this office building located?
    The property is located at 2601 Kelley Pointe Pkwy Edmond, OK.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Anchored by OU Medicine Breast Health Network with a lease through 2030.; Fully occupied Class "A" office building in Edmond, OK.; Recently updated common areas and a new ~$115K chiller system.
    (405) 410-5406 Call to check price and availability
    More about this property
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