Cap Rate
7.25%
Year Built
2008
Leasable Area
5,328 SF
NOI
$153,686
Property Type
Healthcare
LEAD LISTING AGENT
Email
[email protected]
License No.
800771 (TX)
Direct
+ 1 (214) 206-1401
Mobile
+1 (940) 230-4807
ADDITIONAL LISTING AGENT
DEBT FINANCING AGENT
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