JUST KIDS 400 N Eastern Ave 9,900 SF Office Building Moore, OK 73160 $5,859,840 CAD ($591.90 CAD/SF) 6.40% Cap Rate

Great opportunity to acquire fee simple interest in an absolute NNN, freestanding MOB occupied by Just Kids Pediatrics (JKP) in Moore, OK. JKP signed a 10 year lease in 2022 (7 years remaining) with 2 (5-year) options, demonstrating their commitment to long term tenancy. The lease terms will have 2% annual increases beginning Year 6 of initial term and the annual increases will continue annually throughout both option terms as to allow an investor steady NOI growth and inflation hedge. The lease is absolute NNN with zero landlord responsibilities, making it an ideal management free investment for a passive investor.
JKP was started in 2014 and has grown into a 13 clinic, multi-speciality practice with more than 30 providers. JKP was created by highly educated medical professionals and pediatricians with a core focus on whats best for each individual families needs in all aspects of their primary care and uses the newest technology and state of the art equipment that guarantees accurate results and the best possible care.