Meridian Office Complex Portfolio Office FOR SALE


Oklahoma City, OK - W South Oklahoma City
$1,725,000 USD
405-426-2206
, Oklahoma City, OK for Sale
$1,725,000 USD
Office - FOR SALE
1/6
null | 12.46% Cap Rate

Meridian Office Complex Portfolio
Oklahoma City, OK
W South Oklahoma City


HIGHLIGHTS

  • Walkability between properties
  • Currently under market-rental rates
  • Long term tenants

OVERVIEW

This offering presents an opportunity to acquire two office assets located within walking distance of one another, providing strong operational synergy and management efficiency for the incoming owner. Together, the portfolio delivers 52,497 total square feet, diversified tenancy, upside potential, and immediate value-add opportunities. Property A: 34,397 sq ft total Current rent roll income: $19,053.64 10 vacancies / 44 suites Property B: 18,100 sq ft total Current rent roll income: $11,645.00 3 vacancies / 22 suites Portfolio Size: Combined 52,497 sq ft / two office properties. Walkability: Both buildings are within walking distance of each other, allowing shared management, leasing leverage, and operational efficiency. Stable Tenancy: Features a roster of long-term tenants who have historically demonstrated strong retention. Below-Market Rents: Current tenant rates are under market, offering substantial rent growth and mark-to-market potential for the buyer. Value-Add Vacancy: More than 9,700 sq ft of usable vacancy across both assets provides an immediate lease-up opportunity. Parking: Properties include ample parking to support both current and future demand. Strong Upside: Between rental rate adjustments, lease-up potential, and operational consolidation, the portfolio offers multiple avenues to increase NOI. Buyer Opportunity This two-building portfolio is ideal for investors seeking stable cash flow with built-in upside—perfect for value-add funds, owner-users needing expansion space, or regional investors looking to consolidate a footprint in a high-demand office corridor. The combination of long-term tenants, below-market rents, and available vacancy creates an excellent foundation for enhanced yield and long-term appreciation.

ASK ABOUT THIS PROPERTY

Tami ZumMallenCentury 21 First Choice RealtyMore Info
405-426-2206

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Tami ZumMallenCentury 21 First Choice RealtyMore Info
405-426-2206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.