2601 Kelley Pointe Pkwy, Edmond, OK
Fully occupied, prestigious Class A office building in Edmond, OK.
- 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
Listing agent Casey Massegee (405) 410-5406
Listing office Grant Group (405) 410-5406
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edmond
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5003
- Latitude
- 35.6331