Fully Occupied Class A Office
2601 Kelley Pointe Pkwy Edmond, OK 73013
For Sale
Contact for pricing
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 Market544
Property Features for 2601 Kelley Pointe Pkwy
General Information
Standard status
Active
Size
19,362 SF
Property subtype
OFFICE
Listing Agency:
Grant Group
(405) 410-5406
Listed By:
Casey Massegee
(405) 410-5406
Source:
Moodyscre
Added: Jan 30, 2025
Changed: Jul 25
Last Checked: Jul 27 at 1:51PM
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
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 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
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.
Property Analytics
Location Intelligence
Current Use
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
