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1010 24th Ave NW
Norman, OK 73069
LabCorp Anchored MOB · Office Property For Sale

Investment Highlights

  • High Yield Property – With an 8.45% return at list price, this property offers potential investors high and consistent cashflow at a discounted price
  • LabCorp – The site is tenanted LabCorp is a national tenant traded on the NYSE with a market cap of over 11.3 billion
  • Well Positioned – There are over 111K+ people within 5 miles of the property
  • Upside potential – All of the tenants have lease renewals in the next 1 – 2 years
  • Optimal Footprint – A majority of the new office leases signed in Norman are for medical practices and the market vacancy is extremely low

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
7,017 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,017 SF
Building FAR
0.25
Lot Size
0.65 AC
Zoning
PUD
Parking
20 Spaces (2.85 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
R0095767
Land Assessment
$48,072
Improvements Assessment
$107,392
Total Assessment
$155,464
  • Listing ID: 22002949

  • Date on Market: 1/18/2021

  • Last Updated:

  • Address: 1010 24th Ave NW, Norman, OK 73069

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