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Harvard Garden Office Bldg 4520 S Harvard Ave 23,219 SF 100% Leased Office Building Tulsa, OK 74135 $3,400,000 ($146.43/SF) 8.31% Cap Rate



Investment Highlights
- 93.7% leased with stable in-place cash flow
- Lease-up upside through two vacant suites
- Diversified rent roll across medical and professional office tenants
- MyEyeDr-Anchored Medical Office Building
Executive Summary
Zeustra, LLC ("Zeustra") is proud to present this exclusive opportunity to acquire Harvard Gardens, a 93.7%-leased ±23,144-square-foot, multi-tenant medical and professional office building located in Tulsa, Oklahoma. This well-maintained asset delivers immediate exposure to the resilient outpatient medical sector, underpinned by strong in-place cash flow, long-term credit-backed tenancy, and durable midtown healthcare fundamentals.
The building is 93.7% leased by square footage to six healthcare and professional tenants anchored by MyEyeDr (MED Southwest PLLC), one of the largest optometry platforms in the country. The anchor suite operates directly under the MyEyeDr banner — comprising 12,400 SF and 54% of the building's rentable area. The practice has been in occupancy for well over a decade, representing an established, deeply rooted patient base at this location. Following MyEyeDr's acquisition of the practice in 2021, the anchor suite now carries the direct financial backing of a national, Goldman Sachs-owned platform with more than 900 locations.
Strategically positioned in one of Tulsa's most central and amenity-rich submarkets, the property benefits from proximity to major hospital systems, a dense surrounding population base, and a deep daytime employment pool supported by the Saint Francis, Hillcrest, and Ascension St. John hospital networks, and the broader midtown corridor's concentration of medical, professional, and retail uses along South Harvard Avenue.
Midtown Tulsa remains one of the metro's core healthcare nodes, driven by established residential density, an aging patient population, and continued expansion of the city's major hospital systems. For medical real estate, that translates to more insured households and growing outpatient demand. Harvard Gardens sits directly in that corridor, offering investors a stabilized medical asset in a submarket where healthcare demand is steady and supply is effectively fixed.
With a national, credit-backed anchor, an irreplaceable midtown corridor location, contractual rent escalations, and a diversified tenant mix spanning optometry, home health, psychology, mortgage, property management, and realty — Harvard Gardens represents a compelling opportunity to acquire a durable healthcare asset at the heart of midtown Tulsa's established medical corridor.
The building is 93.7% leased by square footage to six healthcare and professional tenants anchored by MyEyeDr (MED Southwest PLLC), one of the largest optometry platforms in the country. The anchor suite operates directly under the MyEyeDr banner — comprising 12,400 SF and 54% of the building's rentable area. The practice has been in occupancy for well over a decade, representing an established, deeply rooted patient base at this location. Following MyEyeDr's acquisition of the practice in 2021, the anchor suite now carries the direct financial backing of a national, Goldman Sachs-owned platform with more than 900 locations.
Strategically positioned in one of Tulsa's most central and amenity-rich submarkets, the property benefits from proximity to major hospital systems, a dense surrounding population base, and a deep daytime employment pool supported by the Saint Francis, Hillcrest, and Ascension St. John hospital networks, and the broader midtown corridor's concentration of medical, professional, and retail uses along South Harvard Avenue.
Midtown Tulsa remains one of the metro's core healthcare nodes, driven by established residential density, an aging patient population, and continued expansion of the city's major hospital systems. For medical real estate, that translates to more insured households and growing outpatient demand. Harvard Gardens sits directly in that corridor, offering investors a stabilized medical asset in a submarket where healthcare demand is steady and supply is effectively fixed.
With a national, credit-backed anchor, an irreplaceable midtown corridor location, contractual rent escalations, and a diversified tenant mix spanning optometry, home health, psychology, mortgage, property management, and realty — Harvard Gardens represents a compelling opportunity to acquire a durable healthcare asset at the heart of midtown Tulsa's established medical corridor.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
23,219 SF
Building Class
B
Year Built
1981
Price
$3,400,000
Price Per SF
$146.43
Cap Rate
8.31%
NOI
$282,691
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,610 SF
Slab To Slab
11’
Building FAR
0.38
Lot Size
1.39 AC
Zoning
OL - Office Light - Light Office
Parking
81 Spaces (3.38 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Controlled Access
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chase Fetters Hewitt Architects
- Professional, Scientific, and Technical Services
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- Dr. James Thirion, OD
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- Harrel Eyecare Center
- Retailer
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MyEyeDr. began in 2001 as a vision care business built around combining eye health services with eyewear retail in one place. The company now operates a broad network of community-based practices across the United States, offering comprehensive eye exams, contact lens services, dry eye care, and a wide selection of glasses and sunglasses. MyEyeDr. serves patients through local optometrists and optical staff, with a focus on making routine and specialty vision care easier to access. The company also supports practice transitions and physician partnerships within the optometry market.
- Oklahoma Vision Development Center
- Health Care and Social Assistance
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- Full Service
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- Phillip L Cook OD PC
- Retailer
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- Scissortail Healthcare LLC
- Health Care and Social Assistance
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- Trace Technologies Llc
- Public Administration
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- Tulsa Developmental Pediatrics & Center For Family
- Health Care and Social Assistance
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chase Fetters Hewitt Architects | Professional, Scientific, and Technical Services | - | - | - | - | |
| Dr. James Thirion, OD | - | - | - | - | - | |
|
- | - | - | - | - | |
| Harrel Eyecare Center | Retailer | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Oklahoma Vision Development Center | Health Care and Social Assistance | - | - | Full Service | - | |
| Phillip L Cook OD PC | Retailer | - | - | - | - | |
| Scissortail Healthcare LLC | Health Care and Social Assistance | - | - | - | - | |
| Trace Technologies Llc | Public Administration | - | - | - | - | |
| Tulsa Developmental Pediatrics & Center For Family | Health Care and Social Assistance | - | - | - | - |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $162,005 | |
| Land Assessment | $51,439 | Total Assessment | $213,444 |
Property Taxes
Parcel Numbers
Land Assessment
$51,439
Improvements Assessment
$162,005
Total Assessment
$213,444
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Harvard Garden Office Bldg | 4520 S Harvard Ave
