220 N Sara Rd. Oklahoma City, OK
Matador acquired this asset in late summer 2022, recognizing its strategic value due to its proximity to our adjacent property at 101 N Sara Rd. While the building featured an unusually high office-to-warehouse ratio at 40%, the expansive land and strong amenities made the deal compelling. Partnering with a local brokerage, Matador proactively marketed the space, accounting for a longer lease-up period in our underwriting. By year-end, we secured a lease with a publicly traded, national credit tenant who went on to purchase the property in January 2024. The deal highlights Matador’s disciplined approach and long-term investment strategy.
Size: 34,574 SF
Land: 17.5 AC
Tenant Type: Single