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Bowling Green Office and Medical Center 3 1201 S Douglas Blvd 37,988 SF 90% Leased Office Building Midwest City, OK 73130 $5,000,000 ($131.62/SF)

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Investment Highlights

  • Modern amenities
  • Convenient access to major thoroughfares
  • Ample parking

Executive Summary

Strategically positioned multi-tenant Medical/Office building for sale and lease in a prominent Midwest city, on S Douglas. This distinguished property offers a range of suite configurations, providing flexible space solutions for various business needs. Featuring modern amenities, ample parking, and convenient access to major thoroughfares, it presents an excellent opportunity for investors and companies seeking a prestigious location. Ideal for professional use with strong potential for growth and visibility.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
37,988 SF
Building Class
B
Year Built
1984
Price
$5,000,000
Price Per SF
$131.62
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
37,988 SF
Building FAR
0.17
Lot Size
5.00 AC
Zoning
C - Commercial
Parking
279 Spaces (7.34 Spaces per 1,000 SF Leased)

Amenities

  • Property Manager on Site
  • Security System
  • Signage
  • Kitchen
  • Central Heating
  • High Ceilings
  • Drop Ceiling
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • 2 Blondes HAir Salon
  • -
  • 350 SF
  • -
  • Full Service
  • -
  • Jordan Orthopedic Clinic
  • -
  • 3,482 SF
  • -
  • Modified Gross
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
2 Blondes HAir Salon - 350 SF - Full Service -
Jordan Orthopedic Clinic - 3,482 SF - Modified Gross -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A
  • 921 SF
  • Office/Medical
  • Full Build-Out
  • Now
  • 1st Fl-Ste D
  • 813 SF
  • Office/Retail
  • Partial Build-Out
  • Now
  • 1st Fl-Ste F
  • 2,705 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 1st Fl-Ste G
  • 1,546 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Landlord will contribute up to $6.50 per SF for Tenant Improvements. Suite E has an X-ray room and access to a private courtyard. Suite I is an open space previously used as a physical therapy clinic.

  • 1st Fl-Ste H
  • 2,137 SF
  • Office/Medical
  • Full Build-Out
  • Now

Access to private courtyard. X-Ray room. Kitchenette.

  • 1st Fl-Ste I
  • 10,008 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Suite J has a lab and X-ray room.

  • 1st Fl-Ste J
  • 11,007 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Landlord will contribute up to $6.50 per SF for Tenant Improvements. Suite E has an X-ray room and access to a private courtyard. Suite I is an open space previously used as a physical therapy clinic.

Space Size Space Use Condition Available
1st Fl-Ste A 921 SF Office/Medical Full Build-Out Now
1st Fl-Ste D 813 SF Office/Retail Partial Build-Out Now
1st Fl-Ste F 2,705 SF Office/Medical Full Build-Out 30 Days
1st Fl-Ste G 1,546 SF Office/Medical Full Build-Out 30 Days
1st Fl-Ste H 2,137 SF Office/Medical Full Build-Out Now
1st Fl-Ste I 10,008 SF Office/Medical Full Build-Out 30 Days
1st Fl-Ste J 11,007 SF Office/Medical Full Build-Out 30 Days

1st Fl-Ste A

Size
921 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste D

Size
813 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
Now

1st Fl-Ste F

Size
2,705 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste G

Size
1,546 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste H

Size
2,137 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste I

Size
10,008 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste J

Size
11,007 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste G

Size 1,546 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

Landlord will contribute up to $6.50 per SF for Tenant Improvements. Suite E has an X-ray room and access to a private courtyard. Suite I is an open space previously used as a physical therapy clinic.

1st Fl-Ste H

Size 2,137 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Access to private courtyard. X-Ray room. Kitchenette.

1st Fl-Ste I

Size 10,008 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

Suite J has a lab and X-ray room.

1st Fl-Ste J

Size 11,007 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

Landlord will contribute up to $6.50 per SF for Tenant Improvements. Suite E has an X-ray room and access to a private courtyard. Suite I is an open space previously used as a physical therapy clinic.

Property Taxes

Property Taxes

Parcel Number
150184515
Land Assessment
$55,103
Improvements Assessment
$131,376
Total Assessment
$186,479
  • Listing ID: 32888695

  • Date on Market: 5/1/2019

  • Last Updated:

  • Address: 1201 S Douglas Blvd, Midwest City, OK 73130

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