Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

The Parkway 1300 S Meridian Ave 96,000 SF 34% Leased Office Building Oklahoma City, OK 73108 $6,750,000 ($70.31/SF) 5.47% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fantastic up-side potential and increasing occupancy trends.
  • Close to more than 24 hotels/motels with more than 4,300 rooms.
  • Convenient access to I-40 and I-44 .
  • Located less than 10 minutes from downtown Oklahoma City and Will Rogers World Airport.
  • Features an attractive exterior and atrium landscaping.
  • Ample onsite parking available for tenants and clients.

EXECUTIVE SUMMARY

The building is in great shape and has a new roof. Recently lost a large tenant so it is perfect for owner occupancy and has huge up-side potential. This property is is close to airport, FAA Center, and many hotels and restaurants. The location has easy access to I-40 and I-44.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
96,000 SF
Building Class
B
Year Built
1981
Price
$6,750,000
Price Per SF
$70.31
Cap Rate
5.47%
NOI
$369,225
Percent Leased
34%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
16,000 SF
Slab To Slab
12’
Building FAR
0.54
Lot Size
4.05 AC
Zoning
I-2 - Moderate Industrial
Parking
305 Spaces (3.18 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Restaurant
  • Security System
  • Air Conditioning
  • Balcony

ABOUT 1300 S MERIDIAN AVE , OKLAHOMA CITY, OK 73108

The Parkway at 1300 South Meridian Ave is a six story office building with an open interior atrium and 16,000 square feet of rentable space per floor. There are exterior and interior atrium windows. The building also features a magnetic card security system, 305 parking spaces, a attractive exterior and atrium landscaping, water-source heat pumps with simultaneous access to heating and air conditioning, an extensive sprinkler system and double stairwells. The security system is digital video with monitored security cameras. It is located 1/2 Mile South of I-40 on Meridian Avenue.

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 2,658 SF
  • Office
  • Full Build-Out
  • 30 Days

Open area, 2 offices, long meeting / work room, nice wet bar.

  • 1st Fl-Ste 105
  • 3,150 SF
  • Office
  • Full Build-Out
  • 30 Days

Reception, 6 offices, conference room, break room. Also has its own outside entrance.

  • 1st Fl-Ste 125
  • 3,159 SF
  • Office
  • Full Build-Out
  • 30 Days

Open area, 2 offices, long meeting / work room, nice wet bar

  • 2nd Fl-Ste 200
  • 4,809 SF
  • Office
  • Full Build-Out
  • 30 Days

Large reception with desk, multiple offices and work areas. Divide it up as you like!

  • 2nd Fl-Ste 225
  • 1,985 SF
  • Office
  • Full Build-Out
  • 30 Days

Currently built out for large training / conference room with storage.

  • 2nd Fl-Ste 250
  • 3,392 SF
  • Office
  • Full Build-Out
  • Now

Open concept with server room, conference room, offices

  • 3rd Fl-Ste 300
  • 8,201 SF
  • Office
  • Full Build-Out
  • 30 Days

Entire South Side of 3rd Floor: offices along window wall and built-in cubicles w/desks

  • 3rd Fl-Ste 303
  • 1,645 SF
  • Office
  • Full Build-Out
  • 30 Days

Built out for personnel or healthcare office, has own restrooms

  • 3rd Fl-Ste 323
  • 1,925 SF
  • Office
  • Full Build-Out
  • 30 Days

Large reception / open area, 3 offices and a break room

  • 3rd Fl-Ste 325
  • 2,207 SF
  • Office
  • Full Build-Out
  • 30 Days

Reception and 9 offices / work areas, two closets

  • 4th Fl-Ste 415
  • 2,163 SF
  • Office
  • Full Build-Out
  • 30 Days

Reception, 4 or 5 offices, very large work room/conference room/cubicle area

  • 4th Fl-Ste 425
  • 1,849 SF
  • Office
  • Full Build-Out
  • 30 Days

Reception, 2 offices, large open area, large work / file room

  • 5th Fl-Ste 525
  • 1,402 SF
  • Office
  • Full Build-Out
  • Now
  • 5th Fl-Ste 575
  • 2,780 SF
  • Office
  • Full Build-Out
  • 30 Days

Reception, 8 offices, breakroom, and built-in work desk area. Move-In Ready!

  • 6th Fl-Ste 600
  • 8,201 SF
  • Office
  • Full Build-Out
  • Now

Entire side of 6th floor, 20+ offices/work areas.

Space Size Space Use Condition Available
1st Fl-Ste 100 2,658 SF Office Full Build-Out 30 Days
1st Fl-Ste 105 3,150 SF Office Full Build-Out 30 Days
1st Fl-Ste 125 3,159 SF Office Full Build-Out 30 Days
2nd Fl-Ste 200 4,809 SF Office Full Build-Out 30 Days
2nd Fl-Ste 225 1,985 SF Office Full Build-Out 30 Days
2nd Fl-Ste 250 3,392 SF Office Full Build-Out Now
3rd Fl-Ste 300 8,201 SF Office Full Build-Out 30 Days
3rd Fl-Ste 303 1,645 SF Office Full Build-Out 30 Days
3rd Fl-Ste 323 1,925 SF Office Full Build-Out 30 Days
3rd Fl-Ste 325 2,207 SF Office Full Build-Out 30 Days
4th Fl-Ste 415 2,163 SF Office Full Build-Out 30 Days
4th Fl-Ste 425 1,849 SF Office Full Build-Out 30 Days
5th Fl-Ste 525 1,402 SF Office Full Build-Out Now
5th Fl-Ste 575 2,780 SF Office Full Build-Out 30 Days
6th Fl-Ste 600 8,201 SF Office Full Build-Out Now

1st Fl-Ste 100

Size
2,658 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 105

Size
3,150 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 125

Size
3,159 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 200

Size
4,809 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 225

Size
1,985 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 250

Size
3,392 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
8,201 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 303

Size
1,645 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 323

Size
1,925 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 325

Size
2,207 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

4th Fl-Ste 415

Size
2,163 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

4th Fl-Ste 425

Size
1,849 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

5th Fl-Ste 525

Size
1,402 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Fl-Ste 575

Size
2,780 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

6th Fl-Ste 600

Size
8,201 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 2,658 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Open area, 2 offices, long meeting / work room, nice wet bar.

1st Fl-Ste 105

Size 3,150 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Reception, 6 offices, conference room, break room. Also has its own outside entrance.

1st Fl-Ste 125

Size 3,159 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Open area, 2 offices, long meeting / work room, nice wet bar

2nd Fl-Ste 200

Size 4,809 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Large reception with desk, multiple offices and work areas. Divide it up as you like!

2nd Fl-Ste 225

Size 1,985 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Currently built out for large training / conference room with storage.

2nd Fl-Ste 250

Size 3,392 SF
Space Use Office
Condition Full Build-Out
Available Now

Open concept with server room, conference room, offices

3rd Fl-Ste 300

Size 8,201 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Entire South Side of 3rd Floor: offices along window wall and built-in cubicles w/desks

3rd Fl-Ste 303

Size 1,645 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Built out for personnel or healthcare office, has own restrooms

3rd Fl-Ste 323

Size 1,925 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Large reception / open area, 3 offices and a break room

3rd Fl-Ste 325

Size 2,207 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Reception and 9 offices / work areas, two closets

4th Fl-Ste 415

Size 2,163 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Reception, 4 or 5 offices, very large work room/conference room/cubicle area

4th Fl-Ste 425

Size 1,849 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Reception, 2 offices, large open area, large work / file room

5th Fl-Ste 575

Size 2,780 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Reception, 8 offices, breakroom, and built-in work desk area. Move-In Ready!

6th Fl-Ste 600

Size 8,201 SF
Space Use Office
Condition Full Build-Out
Available Now

Entire side of 6th floor, 20+ offices/work areas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
149884050
Land Assessment
$46,204
Improvements Assessment
$598,142
Total Assessment
$644,346
  • Listing ID: 3770663

  • Date on Market: 2/24/2014

  • Last Updated:

  • Address: 1300 S Meridian Ave, Oklahoma City, OK 73108

Contact the Sale Advisor

The Parkway | 1300 S Meridian Ave

What's your inquiry about?*

Select at least one of the options above

Preferred Date*

Select one date

Message* (optional)

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
Favorite Listings
Save Searches
Share Listings
Access Documents
Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}