.jpg?height=675 "2571 N Meridian Ave")
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.jpg?height=675 "2571 N Meridian Ave")
.jpg?height=675 "2571 N Meridian Ave")
.jpg?height=675 "2571 N Meridian Ave")
.jpg?height=675 "2571 N Meridian Ave")
Contacts
Joshua O'Neal
Rose Rock Commercial Group
Property Details
- Property Type Industrial
- Property Size 22,100 SF
- Lot Size 4.44 Acre
- Cap Rate % 14
- Rental Income / YR $301,853.00
- NOI / YR $275,326.00
- Taxes / YR $18,527.00
- Zoning No Zoning
- # of Floors 1
- Average Floor Size 22,100 SF
- Parking Spaces Avail. 10
- Parking Ratio 0.45 / 1,000 SF
- Property Tenancy Single Tenant
- Year Built 2021
- Date Updated Sep 8, 2025
- Clear Height 14' - 16'
- Electricity Service 3Phase/480
- HVAC Other
Great cash flowing investment opportunity! 13% CAP
- Purpose-built cannabis facility on 4.44 unrestricted acres with 22,100 SF across three buildings (constructed 2021).
- Features include privacy fencing, electric gate, and expansion potential.
- Buildings were designed to be adaptable for future uses. Spray foam insulation.
- OG&E stated they have more power to supply expansion (Buyer to verify)
- Tenant Info: Same tenant for the last 3 years; renewed (June 2025) for 3 years with a 2 year option.
- Fully licensed and compliant.
- Pays $24,000/month ($288,000/year) through May 2028. Pays $30,000/month ($360,000/year) during 2-year extension (June 2028–May 2030).
- Tenant responsible for all repairs and 50% of taxes/insurance.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Property is located .5 miles west of Hwy 74 and just north of Crescent, OK, in Logan County’s unincorporated industrial corridor.
- The property sits on 4.44 unrestricted acres, offering flexibility for cannabis operations and other light industrial uses.
- With no municipal zoning restrictions and ample space for expansion, this site is ideal for investors and operators seeking long-term scalability.
- The location provides convenient access to regional highways while maintaining privacy and security—enhanced by perimeter fencing and an electric gate.
Attachments
Getting around
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25/100
Bike Score ®
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Location
- City Crescent, OK
- Zip Code 73028
- Market Oklahoma City
Points of Interest
-
Valero
2.55 miles
-
Love's
2.88 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Joshua O'Neal
Rose Rock Commercial Group
