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Eyecare Partners | NNN Medical 9% Cap 12318 Saint Andrews Dr 5,939 SF Office Building Oklahoma City, OK 73120 $1,388,888 ($233.86/SF) 9% Cap Rate



Investment Highlights
- NNN Lease Structure | Minimal Landlord Responsibilities | 700+ Unit Eyecare Operator | 2023 Practice Acquisition
- Synergistic Location | Top Quality Construction | Sticky Investment
- High Traffic Location | Direct Access and High Visibility | 75,000+ VPD
- 5 Year NNN Lease | High Yield Investment | 9.00% Current Cap
- Recent Lease Amendment | Indication of Tenant Commitment Going Forward
- Ideal Location | Proximity to Major Shopping Areas | 20 min from OKC Airport
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,939 SF
Building Class
B
Year Built
1997
Price
$1,388,888
Price Per SF
$233.86
Cap Rate
9%
NOI
$125,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,939 SF
Building FAR
0.19
Lot Size
0.72 AC
Zoning
PUD
Parking
30 Spaces (5.05 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Central Heating
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 123531120 | Improvements Assessment | $89,722 |
| Land Assessment | $15,347 | Total Assessment | $105,069 |
Property Taxes
Parcel Number
123531120
Land Assessment
$15,347
Improvements Assessment
$89,722
Total Assessment
$105,069
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