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Meridian Tower 5100 E Skelly Dr 205,891 SF 47% Leased 4-Star Office Building Tulsa, OK 74135 $13,350,350 CAD ($64.84 CAD/SF)
Investment Highlights
- Located in the highly regarded South Tulsa office submarket with direct access to Interstate 44.
- Substantial capital investments of over $5 million, including major building systems and elevator modernization in 2023.
- Four-level parking structure supplemented by ample surface parking for tenant convenience.
- 10-story Class A office asset with approximately 205,891 rentable square feet and a strong parking ratio.
- Renovated common areas and a contemporary two-story lobby with modern finishes.
- Positioned near established business districts and core retail amenities supporting strong leasing fundamentals.
Executive Summary
Meridian Tower represents a rare value-add investment opportunity in South Tulsa’s established office submarket. This 10-story Class A property delivers an attractive combination of modern design, functional infrastructure, and significant upside potential. Centrally positioned along Interstate 44, the property offers strong visibility and convenient regional access, reinforcing its appeal for corporate occupiers and professional service firms.
The tower has undergone more than $5 million in improvements, including major building system upgrades, chiller replacement, and a comprehensive elevator modernization completed in 2023. Its distinctive dual-pane glass façade and refreshed two-story lobby create an impressive arrival experience, while the four-level parking garage supports robust tenant demand with a favorable ratio.
Investors will benefit from the ability to capture upside through an aggressive leasing strategy at a new cost basis, leveraging one of Tulsa’s most dynamic suburban office markets. With consistent improvement history, ample on-site parking, and proximity to key business hubs, Meridian Tower aligns stability with scalable growth opportunity.
The tower has undergone more than $5 million in improvements, including major building system upgrades, chiller replacement, and a comprehensive elevator modernization completed in 2023. Its distinctive dual-pane glass façade and refreshed two-story lobby create an impressive arrival experience, while the four-level parking garage supports robust tenant demand with a favorable ratio.
Investors will benefit from the ability to capture upside through an aggressive leasing strategy at a new cost basis, leveraging one of Tulsa’s most dynamic suburban office markets. With consistent improvement history, ample on-site parking, and proximity to key business hubs, Meridian Tower aligns stability with scalable growth opportunity.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
205,891 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1982/2018
Price
$13,350,350 CAD
Price Per SF
$64.84 CAD
Percent Leased
47%
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
20,900 SF
Slab To Slab
10’
Building FAR
1.46
Lot Size
3.24 AC
Zoning
OMH - MEDIUM-HIGH DENSITY OFFICE DISTRICT
Parking
730 Spaces (3.49 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Bus Line
- Controlled Access
- Conferencing Facility
- Fitness Center
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Storage Space
- Natural Light
- Partitioned Offices
- Reception
- Recessed Lighting
- Shower Facilities
- Drop Ceiling
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
6,424 square feet of office space available for lease.
12,368 square feet of office space available for lease.
1,779 square feet of office space available for lease.
21,304 square feet of office space available for lease.
8,151 square feet of office space available for lease.
13,177 square feet of office space available for lease.
21,398 square feet of office space available for lease.
13,177 square feet of office space available for lease.
7,165 square feet of office space available for lease.
1,700 square feet of office space available for lease.
1,071 square feet of office space available for lease.
4,956 square feet of office space available for lease.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 6,424 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 220 | 12,368 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 230 | 1,779 SF | Office | Partial Build-Out | Now |
| 3rd Fl-Ste 300 | 21,304 SF | Office | Partial Build-Out | Now |
| 5th Fl-Ste 500 | 8,151 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 550 | 13,177 SF | Office | Full Build-Out | Now |
| 7th Fl-Ste 700 | 21,398 SF | Office | Full Build-Out | Now |
| 8th Fl-Ste 850 | 13,177 SF | Office | Full Build-Out | Now |
| 9th Fl-Ste 900 | 7,165 SF | Office | Full Build-Out | Now |
| 9th Fl-Ste 950 | 1,700 SF | Office | Full Build-Out | 30 Days |
| 9th Fl-Ste 960 | 1,071 SF | Office | Full Build-Out | 30 Days |
| 10th Fl-Ste 1005 | 4,965 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 6,424 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 220
| Size |
| 12,368 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 230
| Size |
| 1,779 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 300
| Size |
| 21,304 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
5th Fl-Ste 500
| Size |
| 8,151 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 550
| Size |
| 13,177 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
7th Fl-Ste 700
| Size |
| 21,398 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
8th Fl-Ste 850
| Size |
| 13,177 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
9th Fl-Ste 900
| Size |
| 7,165 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
9th Fl-Ste 950
| Size |
| 1,700 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
9th Fl-Ste 960
| Size |
| 1,071 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
10th Fl-Ste 1005
| Size |
| 4,965 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100
| Size | 6,424 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
6,424 square feet of office space available for lease.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 220
| Size | 12,368 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
12,368 square feet of office space available for lease.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 230
| Size | 1,779 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
1,779 square feet of office space available for lease.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 300
| Size | 21,304 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
21,304 square feet of office space available for lease.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
5th Fl-Ste 500
| Size | 8,151 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
8,151 square feet of office space available for lease.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
5th Fl-Ste 550
| Size | 13,177 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
13,177 square feet of office space available for lease.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
7th Fl-Ste 700
| Size | 21,398 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
21,398 square feet of office space available for lease.
8th Fl-Ste 850
| Size | 13,177 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
13,177 square feet of office space available for lease.
9th Fl-Ste 900
| Size | 7,165 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
7,165 square feet of office space available for lease.
9th Fl-Ste 950
| Size | 1,700 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
1,700 square feet of office space available for lease.
9th Fl-Ste 960
| Size | 1,071 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
1,071 square feet of office space available for lease.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
10th Fl-Ste 1005
| Size | 4,965 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
4,956 square feet of office space available for lease.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00965-93-27-10330 | Improvements Assessment | $1,714,030 CAD |
| Land Assessment | $153,902 CAD | Total Assessment | $1,867,932 CAD |
Property Taxes
Parcel Number
00965-93-27-10330
Land Assessment
$153,902 CAD
Improvements Assessment
$1,714,030 CAD
Total Assessment
$1,867,932 CAD
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Meridian Tower | 5100 E Skelly Dr
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