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Xpress Wellness Urgent Care 411 W 3rd St 4,472 SF Office Building Elk City, OK 73644 $3,753,629 CAD ($839.36 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Early Lease Extension in 2017 | 7.5+ Years Remaining ? Demonstrates Tenant’s Commitment to the Location
  • 1 st Build-to-Suit Clinic for the Brand in 2014 ? Absolute Net Lease | Passive Ownership Structure
  • Strategically Located a Mile From Regional Hospital ? Accessible Alternative for Non-Emergency Care
  • Attractive CPI Increases Every Two Years ? Allows for Profitable Exit Before Lease Renewal
  • Goldman Sach’s Acquired Xpress Wellness in 2024 ? Top 10 Investment Banks in the World ? Xpress Wellness has 58 Locations & Growing
  • Certified Rural Health Clinic | 50% Local Market Share ? Preferential Reimbursement Rates From Medicare and Medicaid

EXECUTIVE SUMMARY

•Early Lease Extension in 2017 | 7.5+ Years Remaining
-Demonstrates Tenant’s Commitment to the Location

•Attractive CPI Increases Every Two Years
-Allows for Profitable Exit Before Lease Renewal

•1st Build-to-Suit Clinic for the Brand in 2014
-Absolute Net Lease | Passive Ownership Structure

• Goldman Sach’s Acquired Xpress Wellness in 2024
-Top 10 Investment Banks in the World
-Xpress Wellness has 58 Locations & Growing

•Strategically Located a Mile From Regional Hospital
-Accessible Alternative for Non-Emergency Care

•Certified Rural Health Clinic | 50% Local Market Share
-Preferential Reimbursement Rates From Medicare and Medicaid

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,472 SF
Building Class
C
Year Built
2014
Price
$3,753,629 CAD
Price Per SF
$839.36 CAD
Cap Rate
7.25%
NOI
$272,175 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,472 SF
Building FAR
0.18
Lot Size
0.57 AC
Zoning
R1
Parking
30 Spaces (6.71 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0170-00-003-007-0-000-00
Land Assessment
$1,108 CAD
Improvements Assessment
$157,976 CAD
Total Assessment
$159,084 CAD
  • Listing ID: 37835522

  • Date on Market: 2025-09-26

  • Last Updated:

  • Address: 411 W 3rd St, Elk City, OK 73644

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