1401 E Broadway St - Freestanding FOR SALE


Altus, OK 73521
$3,350,975 USD
918-527-3646
1401 E Broadway St, Altus, OK for Sale
$3,350,975 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

1401 E Broadway St
Altus, OK 73521


HIGHLIGHTS

  • Corporate Tenant with Strong Industry Presence
  • Proven Location Performance & Tenant Commitment
  • Long-Term Passive Lease with Annual Rent Increases
  • Strategically Positioned Along Altus’s Primary Medical Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a U.S. Renal Care at 1401 East Broadway Street, Altus, OK. The site consists of roughly 5,725 rentable square feet of building space on an estimated .91-acres. The property is subject to a 20-year Double Net (NN) lease, which commenced in 2014. The current annual rent is $234,568 and has scheduled increases of 2.50% Annually.

FOR SALE DETAILS

PRICE

$3,350,975 USD

PRICE/SF

$585 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

U.S. Renal Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

UC

APN/PARCEL ID

0065-00-001-001-0-000-00

ASK ABOUT THIS PROPERTY

Rocco DriscollSurmountMore Info
918-527-3646

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Rocco DriscollSurmountMore Info
918-527-3646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.