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1401 E Broadway St
Altus, OK 73521
US Renal Care of Altus, OK · Retail Property For Sale
Investment Highlights
- "ESSENTIAL BUSINESS" INVESTMENT - Given current market conditions, the importance of owning essential business assets have become paramount.
- MINIMAL LANDLORD RESPONSIBILITIES - Tenant reimburses the landlord for the replacement of the roof, HVAC and parking areas on an amortized basis.
- CORPORATE GUARANTEE - 60% backed by a corporate guarantee from US Renal Care. 40% backed by a personal guarantee from the nephrologists.
- RENTAL RATE ESCALATIONS - The US Renal Care lease provides for base rental rate escalations of 2.5% annually throughout the remainder of the term.
- FACILITY LOCATION - Only dialysis center in Oklahoma within a 50-mile radius of the subject property
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,725 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.91 AC
Zoning
UC
Frontage
133’ on East Broadway Street
Amenities
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 0065-00-001-001-0-000-00 | Improvements Assessment | $151,227 |
| Land Assessment | $18,043 | Total Assessment | $169,270 |
Property Taxes
Parcel Number
0065-00-001-001-0-000-00
Land Assessment
$18,043
Improvements Assessment
$151,227
Total Assessment
$169,270
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