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400 N Eastern Ave
Moore, OK 73160
Integris Family Care Moore · Office Property For Sale


Investment Highlights
- 2% annual rent increases beginning in year six for income growth.
- Renovated in 2021 to accommodate modern medical office requirements.
- Surrounded by medical facilities, schools, and residential neighborhoods.
- Located along a busy corridor near Eastern Avenue and Main Street.
Executive Summary
This offering presents the opportunity to acquire a freestanding 9,600 SF medical office building situated on 1.92 acres in Moore, Oklahoma. The property is leased to Just Kids Pediatrics, a growing multi-clinic pediatric healthcare provider with more than 30 medical professionals across multiple locations. The tenant signed a 10-year lease in 2022 with two 5-year renewal options, demonstrating long-term commitment to the location. The lease structure provides 2% annual rent increases beginning in year six, creating steady income growth for investors. Positioned along a busy corridor near the intersection of Eastern Avenue and Main Street, the property benefits from approximately 14,297 vehicles per day and strong surrounding medical and residential development. Its proximity to Moore High School, other healthcare facilities, and major thoroughfares enhances accessibility and visibility, making this an attractive investment in a thriving suburban market just minutes from Oklahoma City.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,600 SF
Building Class
C
Year Built
1975
Price
$3,900,000
Price Per SF
$406.25
Cap Rate
6.87%
NOI
$268,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,600 SF
Building FAR
0.11
Lot Size
1.92 AC
Zoning
R-4 - Medical Office
Parking
85 Spaces (8.85 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | R0004222 | Improvements Assessment | $219,276 |
| Land Assessment | $200,724 | Total Assessment | $420,000 |
Property Taxes
Parcel Number
R0004222
Land Assessment
$200,724
Improvements Assessment
$219,276
Total Assessment
$420,000
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