Freestanding Medical Office
6500 North Meridian Avenue Oklahoma City, OK 73116
For Sale
$725,000
Freestanding medical office building with multiple exam rooms, private offices, reception and waiting areas.
Property Size3,561 SF
Price / SF$203.59
Days on Market30
Property Features for 6500 North Meridian Avenue
General Information
- Standard status
- Active
- Size
- 3,561 SF
- Property subtype
- Office - General Office
Building Details
- Year Built
- 1964
Listing Agency:
Creek Commercial Realty
Listed By:
Nick Gray · License #159340
Source:
Commercialcafe
Added: Jun 25
Changed: Jul 23
Last Checked: Jul 23 at 12:20PM
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 Creek Commercial Realty
Investment Insights
Based on property information with market context.
This freestanding medical office building offers a highly functional layout designed for healthcare and professional office use. The interior includes multiple exam rooms, private offices, a reception and waiting area, and additional support space to support day-to-day operations and patient care.
Located at 6500 N Meridian Avenue in Northwest Oklahoma City’s established medical and professional office corridor, the property is positioned just south of NW Expressway with access minutes from Interstate 44. The surrounding area is anchored by major healthcare institutions and includes specialty clinics and outpatient facilities, along with nearby office developments, retail, restaurants, and neighborhood amenities.
With 3,561 square feet of space, the building provides a straightforward arrangement for an owner-user or tenant seeking a dedicated medical office setting with defined patient-facing and administrative areas.
Located at 6500 N Meridian Avenue in Northwest Oklahoma City’s established medical and professional office corridor, the property is positioned just south of NW Expressway with access minutes from Interstate 44. The surrounding area is anchored by major healthcare institutions and includes specialty clinics and outpatient facilities, along with nearby office developments, retail, restaurants, and neighborhood amenities.
With 3,561 square feet of space, the building provides a straightforward arrangement for an owner-user or tenant seeking a dedicated medical office setting with defined patient-facing and administrative areas.
Key Highlights
- 3,561 SF freestanding medical office building at 6500 N Meridian Avenue
- Medical office layout includes multiple exam rooms and private offices
- Includes reception and waiting areas plus additional support space
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 | $88.9k | $24.96 |
| − Vacancy | −$21.3k | −$5.99 |
| EGI | $67.6k | $18.97 |
| − OpEx | −$16.9k | −$4.74 |
| NOI | $50.7k | $14.23 |
3,561 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$723.8K
$633.3K – $844.4K
NOI $50,663 @ 7.0% cap · market cap 6.99%
Second Best
Healthcare Medical
$719.2K
$629.3K – $839.1K
NOI $50,343 @ 7.0% cap · market cap 6.94%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,250 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Alpha Men's Clinic
Medical Clinic
Venturis Clinic & Prolotherapy
Alternative Medicine Practice
Similar Off Market Nearby
- Wedgewood Pet Clinic — 4201 Northwest Expy, Oklahoma City, OK 73116
- Lakeview Pet Hospital — 6450 N Meridian Ave, Oklahoma City, OK 73116
- Vam Veterinary MGMT — 5770 Northwest Expy, Warr Acres, OK 73132
FAQs
What type of property is this?
Medical Office Space - Freestanding medical office building with multiple exam rooms, private offices, reception and waiting areas.
Where is this medical office space located?
The property is located at 6500 North Meridian Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 3,561 SF freestanding medical office building at 6500 N Meridian Avenue; Medical office layout includes multiple exam rooms and private offices; Includes reception and waiting areas plus additional support space
