Tulsa Bone & Joint
Bartlesville
,
OK
Oklahoma
Tulsa
Call for Details
$
3,578,000
Call for Details
7.50
%
CAP Rate

Fully Leased Medical Office
Both Leases Feature Annual Rent Bumps
Excellent Access & Visibility
within Adams Hills Office Park
1 Mile from
Ascension St. John Jane Phillips Medical Center (133 Beds)
Property details
- Two Tenant Healthcare Property Anchored by the Largest Orthopedic Specialists in the Tulsa Area
- NNN Leases with Attractive Annual Increases Providing an Excellent Hedge Against Inflation
- Minimal Landlord Maintenance Responsibilities Limited to Roof Replacement Only
- Both Tenants Reimburse a 5% Management Fee Making this Truly Passive to Out of State Investors
- Sustainable, Below Market Rents for Medical Office Space
- Tulsa Bone & Joint has Been the Regional Leader in the Tulsa Area for Over 24 Years with 33 Physicians
- Extended Their Lease Early Showing their Long-Term Commitment to this Location
- Approximately 45 Miles from Downtown Tulsa
- Nerve Renewal Neuropathy Clinic Signed a 10-Year Lease with 3% Annual Increases
- Only Practice in the City Focused on Pain Management
- Located Directly Off Two of the Most Heavily Trafficked Roads in Bartlesville
- Combined 42,500 ADT at Highway 75/SE Washington Blvd & SE Adams Blvd
- Excellent Access & Visibility within the Adams Hills Office Park with Ample Parking
- 1 Mile from Ascension St. John Jane Phillips Medical Center (133 Beds)
- Robust, Affluent Demographics with an Average Household Income of $91,753 within a 3-Mile Radius
- MSA Population of Over 1 Million and Growing
- Tulsa Metro GDP of $67.5 Billion in 2023
- Qualifies for 100% Bonus Depreciation via Cost Segregation
In Association with ParaSell, Inc. | A Licensed Oklahoma Real Estate Broker #183645
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc. / Broker
OK RE Lic#183646