1.13/A 91st/Mingo Medical Corridor
Author Archive
Investor Opportunity
Broken Arrow, OK medical office building 100% leased. One National tenant in year 2 of a 7 year lease. Local Pain Management Group in year 5 of a 10 year lease. Working on two smaller suites to renew these leases to coincide with the tenant on 10 year lease. Located on one of Broken Arrow’s highest traffic count arterial streets. 1/2 mile south of Broken Arrow Expressway, giving access to the entire Metro area. 1 mile west and 1/2 mile south of St. John/Ascension Hospital BA. Structural steel construction. Roof has just under 5 years remaining on all issues but normal wear and tear. Attractive water feature at front of property. 7.12% Cap Rate – $4,600,000. Broker is part of property ownership.
Mike Lester, CCIM – Samson Commercial Real Estate – 918-284-0700 – samsoncommre@gmail.com
Tulsa: 1.13 Acres in Medical Corridor
1.13/A in Medical Corridor
91st & Mingo Development ready lot. All site planning and engineering completed and approved by the City of Tulsa. All utilities at or adjoining site. Site is 1/4 mile west of the new 180k/SF VA Community Based Outpatient Clinic. West of both Southcrest and St Francis South Hospital’s. PAM Rehab hospital 1/2 mile east. Various medical providers within 1/2 mile. Highway 169 and Creek Turnpike 1/2 mile to the east. Tulsa’s vibrant retail corridor on South Memorial Drive 1/2 mile to the west. Site approved for up to 10,500/SF building with up to 55 parking spaces. Site “Fee in Lieu” of Detention paid by developer. New dialysis clinic on the adjoining lot.
Recent Comments