Healthcare    

THERAPY & BEYOND

 Jenks (Tulsa), Oklahoma

Asking Price

$1,895,000

Cap Rate

6.65%

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Building Size

8,400 SF

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Parking

42 Spots

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Lease Type

NNN

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Year Built

2022

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Avg HH Income

$142,076 (1-mile)

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • NNN LEASE W/ RENTAL ESCALATIONS - Therapy & Beyond is operating under its initial, ten (10) year lease, with more than nine (9.3) years of lease term remaining. 
  • BRAND NEW CONSTRUCTION - Built- in 2022, the Subject Property benefits from high quality construction with 8,400 SF of medical office space.
  • BELOW MARKET RENT - The Lease features an annual rent of $15.00 PSF, well below the submarket’s average asking medical office rental rate of $21.77 PSF.
  • CREDIBLE OPERATOR - The Property is Therapy & Beyond’s eleventh (11th) location. Founded in 2006, Therapy & Beyond currently serves communities in Texas, Oklahoma, and Colorado.
  • TULSA MSA ACQUISITION OPPORTUNITY - The Property is located in Jenks, an affluent suburb of Tulsa and part of the Tulsa MSA. The Tulsa metro area is the second-largest metropolitan area in Oklahoma with an estimated population of 1.02 million.

Exclusively Listed By

Christian Vaughan

Vice President
  cvaughan@northmarq.com      918.794.9544

Toby Scrivner

Senior Vice President
  tscrivner@northmarq.com      918.794.9554

Jeff Matulis

Senior Vice President
  jmatulis@northmarq.com      918.794.9525
Oklahoma Lic # 148554

Northmarq

6120 South Yale Ave | Suite 300
Tulsa, Oklahoma 74136


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