Fully Occupied Class A Office
For Sale
Contact for pricing
2601 Kelley Pointe Pkwy, Edmond, OK 73013
Class A office building with stone exterior, abundant windows, and a long-term OU Medicine Breast Health Network tenant.
Property Size19,362 SF
Price / SF$193.68
Days on Market637
Property Features for 2601 Kelley Pointe Pkwy
General Information
Standard status
Active
Size
19,362 SF
Class
A
Property subtype
OFFICE
Building Details
Tenancy
Multi
Listing Agency:
Grant Group
(405) 205-2100
Listed By:
Casey Massegee
(405) 410-5406
Source:
Moodyscre
Added: Jan 30, 2025
Changed: Oct 26
Last Checked: Oct 28 at 10:42AM
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
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Investment Insights
Based on property information with market context.
This fully occupied Class A office building is designed with high-end finishes, including an exterior stone facade and abundant windows intended to bring natural light into office spaces. The interior has been modernized, with recent updates to common areas. A brand-new chiller system has also been installed, described as a $115K addition, supporting ongoing building operations.
The property is anchored by OU Medicine Breast Health Network, which has been a tenant since 2011 and executed a lease through 2030. Two additional tenants have recently renewed their leases, supporting continued occupancy.
As an owner-occupied or investment asset, the building’s current tenant base and recent improvements provide a stabilized office configuration.
The property is anchored by OU Medicine Breast Health Network, which has been a tenant since 2011 and executed a lease through 2030. Two additional tenants have recently renewed their leases, supporting continued occupancy.
As an owner-occupied or investment asset, the building’s current tenant base and recent improvements provide a stabilized office configuration.
Key Highlights
- Fully occupied class A office building in Edmond, OK
- Stone exterior facade with an abundance of windows and heavily landscaped grounds
- Recently updated common areas and a new ~$115K chiller system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$218,966
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,379,320
$4.4M
Cap Rate 7%
$3,128,086
$3.1M
Cap Rate 9%
$2,432,956
$2.4M
Market Conditions
NOI Build-Up for 19,362 SF
Gross rent
$323.0K $16.68/SF
− Vacancy
−$31.0K −$1.60/SF
EGI
$292.0K $15.08/SF
− OpEx
−$73.0K −$3.77/SF
NOI
$219.0K $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%
$4,379,320
Cap Rate 7%
$3,128,086
Cap Rate 9%
$2,432,956
Alternative Uses
Best Use
Office B
$3.13M
$2.74M – $3.65M
NOI $218,966 @ 7.0% cap · market cap 5.84%
Second Best
Healthcare Medical
$2.87M
$2.51M – $3.35M
NOI $200,878 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$4.03M
$3.53M – $4.70M
NOI $282,292 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,130
Businesses Nearby
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Class A office building with stone exterior, abundant windows, and a long-term OU Medicine Breast Health Network tenant.
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: Fully occupied class A office building in Edmond, OK; Stone exterior facade with an abundance of windows and heavily landscaped grounds; Recently updated common areas and a new ~$115K chiller system
