Kelly Pointe Plaza | 2601 Kelley Pointe Pky
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Kelly Pointe Plaza 2601 Kelley Pointe Pky
21,584 SF 100% Leased Office Building Edmond, OK 73013 $4,150,000 ($192/SF) 5.66% Cap Rate
Executive Summary
Prime opportunity to own a fully occupied and beautifully appointed class "A" office building in Edmond, OK. The subject property is easily one of the most prestigious buildings in the Edmond market offering high end finishes both inside and out. The exterior boasts an entirely stone facade, exorbitant amount of windows providing natural light from nearly every office in the building as well as heavily landscaped grounds. In addition, the interior has recently received a full modern update of all common areas spaces as well as a brand new ~$115K (7 ton) chiller system setting a new owner up for minimal maintenance for the foreseeable future.
The property is anchored by OU Medicine Breast Health Network whom has been a tenant in the building since 2011 and recently executed a new lease through 2030 and subsequently invested a significant amount of TI into their space. The two additional tenants have both recently renewed their leases as well.
The property is anchored by OU Medicine Breast Health Network whom has been a tenant in the building since 2011 and recently executed a new lease through 2030 and subsequently invested a significant amount of TI into their space. The two additional tenants have both recently renewed their leases as well.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,584 SF
Building Class
B
Year Built
2002
Price
$4,150,000
Price Per SF
$192
Cap Rate
5.66%
NOI
$234,845
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,792 SF
Building FAR
0.19
Land Acres
2.61 AC
Zoning
Commercial
Parking
57 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
Parcel Number | 143662000 | Improvements Assessment | $211,245 |
Land Assessment | $56,061 | Total Assessment | $267,306 |
PROPERTY TAXES
Parcel Number
143662000
Land Assessment
$56,061
Improvements Assessment
$211,245
Total Assessment
$267,306
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Kelly Pointe Plaza | 2601 Kelley Pointe Pky
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