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Xpress Wellness Urgent Care 5688 E 146th St N 4,000 SF Retail Building Collinsville, OK 74021 $3,366,712 CAD ($841.68 CAD/SF) 6.90% Cap Rate



Investment Highlights
- New 15-Year ABS NNN Lease with Corporate Guarantee
- 3 x 5-Year Renewal Options
- Part of Xpress Wellness / Integrity Urgent Care’s 70+ clinic portfolio, backed by Goldman Sachs acquisition in 2024
- 1.25% Annual Rent Bumps (Beginning Year 3)
- Tenant pays 100% of expenses (taxes, insurance, maintenance, roof, HVAC, parking, etc.)
Executive Summary
AiCRE Partners is pleased to present the exclusive offering of a brand new, single-tenant Xpress Wellness Urgent Care located at 5688 E 146th Street, Collinsville, OK. Scheduled to open in September 2025, this 3,000 SF medical facility is backed by a 15-year absolute triple net (ABS NNN) lease with corporate guarantee, providing investors with a fully passive, long-term income stream.
The lease features 1.25% annual rent escalations beginning in Year 3, along with three 5-year renewal options, ensuring both growth and stability. Xpress Wellness Urgent Care, acquired by Goldman Sachs Alternatives in 2024, currently operates 70+ clinics across Oklahoma, Kansas, and Texas, making it one of the most established urgent care providers in the region.
Strategically positioned within the Tulsa metro corridor, the property benefits from ongoing residential and commercial development, strong demographics, and proximity to major highways. With zero landlord responsibilities, this offering is ideal for investors seeking a secure, passive investment in the growing healthcare sector.
The lease features 1.25% annual rent escalations beginning in Year 3, along with three 5-year renewal options, ensuring both growth and stability. Xpress Wellness Urgent Care, acquired by Goldman Sachs Alternatives in 2024, currently operates 70+ clinics across Oklahoma, Kansas, and Texas, making it one of the most established urgent care providers in the region.
Strategically positioned within the Tulsa metro corridor, the property benefits from ongoing residential and commercial development, strong demographics, and proximity to major highways. With zero landlord responsibilities, this offering is ideal for investors seeking a secure, passive investment in the growing healthcare sector.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Building Size
4,000 SF
Building Class
B
Year Built
2025
Price
$3,366,712 CAD
Price Per SF
$841.68 CAD
Cap Rate
6.90%
NOI
$232,295 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.74 AC
Amenities
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 92327-23-27-73415 | Improvements Assessment | $0 CAD |
| Land Assessment | $92,414 CAD | Total Assessment | $92,414 CAD |
Property Taxes
Parcel Number
92327-23-27-73415
Land Assessment
$92,414 CAD
Improvements Assessment
$0 CAD
Total Assessment
$92,414 CAD
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Xpress Wellness Urgent Care | 5688 E 146th St N
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