Description

Former Rib Crib Land | Ground Lease or Build to Suit – Land For Lease is a commercial land opportunity at 1223 S Meridian Ave in Oklahoma City, OK. The 0.75-acre property is positioned for an occupier seeking a ground lease or build-to-suit arrangement.

The land offering gives an occupier a choice between taking the site through a ground lease and pursuing a build-to-suit arrangement. That distinction matters for a business deciding how much responsibility it wants for the property and how closely the finished space should reflect its operating requirements. The listing also identifies 2,358 SF of total availability, with Suite 1 shown at 2,358 SF. That suite figure describes the space on offer, while 0.75 acres describes the land parcel; they serve different purposes in sizing a requirement.

For an occupier, the central question is which transaction structure better fits its plans for the property. A ground lease puts the focus on securing the site, while a build-to-suit discussion puts the proposed space and its fit for the business at the center of negotiations. Rates are negotiable, allowing the occupier and landlord to address economics alongside the chosen structure. The opportunity is to shape a lease around the intended use of the 0.75-acre property and the 2,358 SF identified as available, rather than treat the land area and suite size as interchangeable.