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11982 S Mulberry Ct
Jenks, OK 74037
Bureau Propriété À vendre


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Faits saillants de l'investissement
- Recently built-to-suit medical office facility delivered in 2022, minimizing immediate capital expenditure.
- 2% fixed annual rent increases and one five-year renewal option for predictable income growth.
- Located in Jenks, Oklahoma, an affluent and fast-growing suburb within the Tulsa MSA.
- Absolute NNN lease with 6.5 years remaining term and minimal landlord obligations.
- Tenant rental rate significantly below submarket averages, offering embedded upside for investors.
- Surrounded by established healthcare providers, retail amenities, and major transportation routes.
Résumé de l'annonce
Presenting a recently constructed, single-tenant medical office property leased to Therapy and Beyond, LLC, a leading provider of applied behavior analysis (ABA) therapy services across multiple states. Delivered as a build-to-suit in 2022, the property comprises 8,400 SF of high-quality construction, designed specifically for medical office use. With 6.5 years remaining on the absolute NNN lease, the tenant bears nearly all operating expenses, providing investors with stable and predictable cash flow.
The lease includes 2% annual rental increases plus one five-year renewal option at fair market value, ensuring steady income growth over time. Current rental rates are below the market average for similar medical office properties in the submarket, presenting an attractive upside for long-term investors. The Jenks market, part of the rapidly expanding Tulsa MSA of over one million residents, offers strong demographics and sustained population growth, further supporting demand stability.
The asset’s location benefits from excellent regional connectivity via U.S. Highway 75 and Creek Turnpike, proximity to major healthcare facilities, and convenient access to retail and employment centers. With a modern design and reduced upkeep requirements, this property represents a compelling opportunity for investors seeking reliable income, growth potential, and minimal landlord responsibilities.
The lease includes 2% annual rental increases plus one five-year renewal option at fair market value, ensuring steady income growth over time. Current rental rates are below the market average for similar medical office properties in the submarket, presenting an attractive upside for long-term investors. The Jenks market, part of the rapidly expanding Tulsa MSA of over one million residents, offers strong demographics and sustained population growth, further supporting demand stability.
The asset’s location benefits from excellent regional connectivity via U.S. Highway 75 and Creek Turnpike, proximity to major healthcare facilities, and convenient access to retail and employment centers. With a modern design and reduced upkeep requirements, this property represents a compelling opportunity for investors seeking reliable income, growth potential, and minimal landlord responsibilities.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
8 320 pi²
Classe d’immeuble
B
Année de construction
2023
Prix
2 680 356 $ CAD
Prix par pi²
322,16 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
187 571 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Superficie de plancher typique
8 320 pi²
Coefficient d’occupation des sols de l’immeuble
0,29
Taille du lot
0,66 AC
Zonage
AG
Impôts fonciers
| Numéro de lot | 98236-82-36-50240 | Évaluation des bâtiments | 96 276 $ CAD |
| Évaluation du terrain | 55 699 $ CAD | Évaluation totale | 151 975 $ CAD |
Impôts fonciers
Numéro de lot
98236-82-36-50240
Évaluation du terrain
55 699 $ CAD
Évaluation des bâtiments
96 276 $ CAD
Évaluation totale
151 975 $ CAD
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