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JUST KIDS PEDIATRICS 2921 SW 89th St 4,784 SF 100% Leased Retail Building Oklahoma City, OK 73159 $1,913,000 ($399.87/SF) 7% Cap Rate
Investment Highlights
- ABSOLUTE NNN LEASE
- 2% ANNUAL RENTAL INCREASES
- 5 YEARS REMAINING ON 10 YEAR LEASE
Executive Summary
ABSOLUTE NET lease with 5 years remaining on the lease. The lease has 2% annual rent increases every November. Just Kids Pediatrics is a strong local group with 12 locations across the State of Oklahoma.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,784 SF
Building Class
C
Year Built/Renovated
2003/2020
Price
$1,913,000
Price Per SF
$399.87
Cap Rate
7%
NOI
$133,952
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.80 AC
Zoning
C-3
Parking
35 Spaces (7.32 Spaces per 1,000 SF Leased)
Frontage
121’ on 89th St
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140951060 | Improvements Assessment | $84,580 |
| Land Assessment | $23,249 | Total Assessment | $107,829 |
Property Taxes
Parcel Number
140951060
Land Assessment
$23,249
Improvements Assessment
$84,580
Total Assessment
$107,829
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Map
Contact the Sale Advisor
JUST KIDS PEDIATRICS | 2921 SW 89th St