Price Edwards & Company is pleased to present the opportunity to acquire 2801 Parklawn Drive, a Class B medical and office facility located in the Midwest City Medical Complex Corridor. This rare opportunity allows investors to purchase a perfectly positioned modern office with low energy exposure and recent property upgrades.

Built in 1976, 2801 Parklawn Drive comprises a five-story office tower with 10,000 net rentable square feet of office space per floor. The functional floor plates support both large and small tenants. The 2.04-acre lot includes covered and surface parking, totaling 3.35 parking spaces per 1,000 square feet of rentable area. Currently 50% occupied by a diverse tenant mix ranging from medical to defense, a value-add investor can seize significant upside to lease the remaining vacancies for NOI growth. The current owner has made significant recent upgrades to the property.

Parklawn Office features a strategic location at Parklawn Drive on E Reno Avenue. Located in the vibrant Midwest City Medical Corridor, an amenity-rich environment, tenants have access to a wide variety of recreation opportunities and household-name retailers. The property is close to multiple parks and golf courses, as well as major traffic drivers, including Hurricane Harbor, Frontier City Theme Park, the Matt Hoffman Action Sports Park, and OKANA Resort, which is set to open in 2024.

Midwest City is the eighth-largest city in Oklahoma. It is home to Tinker Air Force Base and Rose State College. Midwest City serves as the economic trade center for eastern Oklahoma County and is conveniently close to metropolitan area amenities. The city is alive with tourism, special events, and substantial economic growth.

2801 Parklawn Drive provides investors with a unique value-add opportunity to continue with its recent leasing momentum, further increase occupancy, and drive rent.