Cap Rate 8.75%
Price Per SF $166
Leasable Area 12,277 SF
Term Remaining ± 5 YRS
Year Built 2011
Broker of Record
License No. 180759 (OK)
Matthews Retail Group, Inc.
841 Apollo Street. Suite 150, El Segundo, CA 90245
Healthcare Real Estate – Healthcare facilities are extremely sought-after investments as they are generally seen as recession and e-commerce proof
Owner/Operator Sale Leaseback – 5 Year Sale-leaseback with successful physical therapy practice. The current owner developed the property and plans on operating at the location long-term.
Tenant Investment in Location – Physical Therapy Clinics rarely relocate due to high investment in the property by tenant, high moving costs, and strong local client base
Very Passive NNN Investment – Both Tenant’s cover their proportional share of taxes, insurance, and maintenance
Long Term Tenant – Tenant has occupied location since the building was constructed in 2010
Well-Visited Location – Located off one of the busiest streets in Claremore, route 66, a major thoroughfare with over 21,000 plus average daily traffic.
Tulsa MSA – Subject Property is located within the Tulsa Metropolitan area, which is home to over 1,250,000 residents
Dense Population – Roger’s county has a population of over 91,000 residents and is the 6th largest county in Oklahoma based on population
Proximity to Target Patients – Property is in the immediate vicinity of 2 local hospitals, 12 schools, 5 retirement homes, and Rogers State University