ACCESS MEDICAL CENTER

9917 SE 15th St, Midwest City, OK 73130
$2,119,806

Cap Rate
7.25%
Year Built
2008
Leasable Area
5,328 SF
NOI
$153,686
Property Type
Healthcare

INVESTMENT HIGHLIGHTS

LEASE & LOCATION:

  • Densley Populated Area: Located in the Oklahoma City MSA ranked the eighth largest municipality in OK.
  • Strong Demographics: 42,990 residents within a 3-mile radius, and 87,252 residents within a 5-mile radius.
  • Visibility & Accessibility: Access to major thoroughfares (SE 15th Street and I-40, ±57,747 VPD).
  • Annual Rent Escalations: Attractive 2% annual rent increases, a strong hedge against inflation.
  • Strategic Site Selection: 5-mile from Tinker Air Force Base (26,000 personal stationed), 3.5-miles from Midwest Regional Medical Center, 2.6-miles away from two Emergency Room at SSM Health St. Anthony Hospital, and more.
  • Nearby National Tenants include: 7-Eleven, Walgreens, Braums, Marcos Pizza, Sonic, and more.

TENANT:

  • Strong Corp Guaranty: One of the nation’s largest providers of urgent care and occupational medical services and PE-backed (170+ locations).
  • Rapidly Growing Corporate Healthcare Tenant: Located across 12 States, recently partnering with Baylor Scott and White and Abrazo Hospital between 2023 and 2024.
  • Convenient & Accessibility: NextCare offers online-check/telehealth and extended hours and weekend availability.
  • Strong Health Network: Participant in the INTEGRIS Health Network and open 7 days a week prioritizing Registered Nurses as primary caregivers.
  • $56.7B Urgent Care Market: The U.S. urgent care centers market size was valued at $56.7B in 2022 and is expected to expand at a compound annual growth rate (CAGR of 10.99% from 2023 to 2030. The growth can be attributed to the delivery of rapid services and short wait times compared to primary care physicians.

Broker of Record

  • Kyle Matthews
  • License No. 180759 (OK)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203