3317 E. Memorial RoadEdmond, OK 73013

For Lease
$96,000/SF/YR
Prime Edmond location, flexible space, value-add opportunity.
Source: https://www.naisullivangroup.com

Overview

Added:
Apr 1
Days on market:
15
This Edmond, OK office building at 3317 E. Memorial Road offers 3,600 rentable square feet on 0.86 acres, currently 50% occupied. The property is zoned PUD-455, O-1 and features a gross lease rate of $14.00/SF, negotiable. The asking sales price is $1,400,000 ($145.79/SF). The first floor is currently occupied by Swift Physical Therapy and Oklahoma Quarter Horse Racing, boasting multiple offices, reception areas, and ample common space. The second floor, totaling 3,600 square feet, is available for lease, divisible into two 1,800-square-foot suites or combined for a larger space. Suite features include eight large private offices, wood floors, built-in workstations in four offices, abundant natural light, a large break room with a full kitchen, and two ADA-compliant restrooms. The building generates $96,000 in annual gross income. This presents a compelling value-add opportunity for investors or businesses seeking a flexible and well-located office space in Edmond. The property offers a blend of existing income and significant potential for future growth.

Highlights

  • Prime Edmond location on Memorial Road.
  • $1,400,000 sales price, or $14/SF full-service lease.
  • Flexible 1,800-3,600 SF suites, 50% occupied, value-add potential.

Property Details for 3317 E. Memorial Road

Property type
Office properties, Medical offices
Lease Type
Gross
RSF (Rentable sq. ft)
3,600 SF
USF (Usable sq. ft)
3,600 SF
Buildings
1
Stories
2
Elevators
N/A
Lease Type
Gross
Lease Term
Negotiable

Location Insight

City
Edmond
County
Oklahoma
State
Oklahoma

FAQs

What type of property is this?
Office property - Prime Edmond location, flexible space, value-add opportunity.
Where is the office property located?
The property is located at 3317 E. Memorial Road Edmond, OK.
What is the lease rate?
The lease rate is $96,000/SF/YR.
What are key features of this property?
This property features: Prime Edmond location on Memorial Road.; $1,400,000 sales price, or $14/SF full-service lease.; Flexible 1,800-3,600 SF suites, 50% occupied, value-add potential.
How can I contact the broker?
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3317 E. Memorial Road
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