Fully Occupied Medical Office
For Sale
Contact for pricing
2601 Kelley Pointe Pkwy., Edmond, OK 73013
A 100% leased medical office building offering stability with a credit tenant occupying most of the space.
Property Size12,584 SF
Price / SF$317.86
Days on Market146
Property Features for 2601 Kelley Pointe Pkwy.
General Information
Standard status
Active
Size
12,584 SF
Class
B
Property subtype
Office
Zoning
Commercial
Occupancy
100%
Investment Type
Stabilized
Additional Details
Highway Access
Yes
Building Details
Year Built
2002
Tenancy
Multi
Listing Agency:
Plains Commercial Real Estate
Listed By:
Paul Stuke · License #OK 184412
(405) 473-9721
Source:
Crexi
Added: Jun 1
Changed: Oct 20
Last Checked: Oct 23 at 6:25AM
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 Plains Commercial Real Estate
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Investment Insights
Based on property information with market context.
This medical office building is fully occupied, with 100% of the property leased. The offering includes a credit tenant in 75% of the building, with the remaining portion also occupied.
Located in Edmond, Oklahoma, the property is positioned in a high-demand medical area and provides excellent access to major highways. The combination of full occupancy and roadway connectivity supports day-to-day operational continuity for a medical practice or related office use.
For buyers seeking an income-producing medical office asset, the current leasing profile provides an immediate operating baseline, with the majority of the building under a credit tenant arrangement. The property’s use as a medical office building may also appeal to buyers looking to maintain the existing tenant mix and continue serving an established healthcare-oriented market with convenient highway access.
Located in Edmond, Oklahoma, the property is positioned in a high-demand medical area and provides excellent access to major highways. The combination of full occupancy and roadway connectivity supports day-to-day operational continuity for a medical practice or related office use.
For buyers seeking an income-producing medical office asset, the current leasing profile provides an immediate operating baseline, with the majority of the building under a credit tenant arrangement. The property’s use as a medical office building may also appeal to buyers looking to maintain the existing tenant mix and continue serving an established healthcare-oriented market with convenient highway access.
Key Highlights
- Medical office building built in 2002
- 100% leased/fully occupied medical office building
- Credit tenant occupies 75% of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,313
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,846,260
$2.8M
Cap Rate 7%
$2,033,043
$2.0M
Cap Rate 9%
$1,581,256
$1.6M
Market Conditions
NOI Build-Up for 12,584 SF
Gross rent
$209.9K $16.68/SF
− Vacancy
−$20.2K −$1.60/SF
EGI
$189.8K $15.08/SF
− OpEx
−$47.4K −$3.77/SF
NOI
$142.3K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,846,260
Cap Rate 7%
$2,033,043
Cap Rate 9%
$1,581,256
Alternative Uses
Best Use
Office B
$2.03M
$1.78M – $2.37M
NOI $142,313 @ 7.0% cap · market cap 3.56%
Second Best
Healthcare Medical
$1.87M
$1.63M – $2.18M
NOI $130,557 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$2.62M
$2.29M – $3.06M
NOI $183,471 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,130
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Dr. Richard Hufnagel — 1001 W 15th St, Edmond, OK 73013
- VIP Petcare — 1351-1377 fretz ave, edmond, ok 73003
Frequently Asked Questions
What type of property is this?
Medical Office Space - A 100% leased medical office building offering stability with a credit tenant occupying most of the space.
Where is this medical office space located?
The property is located at 2601 Kelley Pointe Pkwy. Edmond, OK.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Medical office building built in 2002; 100% leased/fully occupied medical office building; Credit tenant occupies 75% of the building
