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Building Size
14,085 SF
Land Size (Acres)
1.53 AC
Expense Structure
NNN
Parking
57 Spaces
Avg HH Income
$93,524 (1-mile)
INVESTMENT HIGHLIGHTS
STATE-OF-THE-ART FACILITY WITH SURGERY CENTER - The property features clean, modern, and well-equipped facilities. In 2012, a total of $3.1 million was invested into upgrading the property into its present use. The medicare certified ambulatory surgery center contains 1 operating room and 2 procedure rooms. The surgery center has offered a wide variety of surgeries including: Orthopedic surgery, Pain surgery, Plastic surgery, Laboratory services, Pharmaceutical services, and Radiology services.
NNN LEASE WITH ESCALATIONS - Leases provided by the Trustee indicate all tenants are under a NNN lease which provides potential investors with a truly passive asset requiring minimal landlord responsibilities. The leases also feature annual rental increases of the greater of 3% or CPI. Continuation of the leases shall be at the discretion of new owner.
PROXIMITY TO UNIVERSITY OF TULSA - The subject property is located 0.5 miles away from the University of Tulsa. TU is a top 200 university in the United States and home to roughly 4,000 students with plans to continue to grow enrollment. The University of Tulsa is also the only D1 university in the city of Tulsa.
DESIRABLE LOCATION - The subject property is located right around the corner from the Tulsa Market District, one of the most desirable districts in the city of Tulsa. The Tulsa Market District has already seen millions of dollars in new development and is currently undergoing construction on a $60 million mixed-use residential and retail facility.
EXCELLENT DEMOGRAPHICS - The subject property is nestled in a flourishing area of Tulsa. The population within 1 mile and 3 miles of the property is 12,842 and 95,485 respectively. The average household income within 1 mile and 3 miles of the property is $93,524 and $89,357 respectively.
PREMIER VISIBILITY & ACCESS - The subject property is located on a corner lot between S Delaware Ave and E 15th St. S Delaware Ave has a traffic count of 4,888 VPD and E 15th St sees 22,644 VPD. Being situated on a corner lot provides individuals with extremely easy access to the property.
