400 N Eastern Ave - Medical FOR SALE


Moore, OK 73160- Outer Moore
$3,900,000 USD
405-435-3572
400 N Eastern Ave, Moore, OK for Sale
$3,900,000 USD
Medical - FOR SALE
1/19
null | 6.87% Cap Rate

400 N Eastern Ave
Moore, OK 73160
Outer Moore


HIGHLIGHTS

  • 2% annual rent increases beginning in year six for income growth.
  • Surrounded by medical facilities, schools, and residential neighborhoods.
  • Renovated in 2021 to accommodate modern medical office requirements.
  • Located along a busy corridor near Eastern Avenue and Main Street.

OVERVIEW

This offering presents the opportunity to acquire a freestanding 9,600 SF medical office building situated on 1.92 acres in Moore, Oklahoma. The property is leased to Just Kids Pediatrics, a growing multi-clinic pediatric healthcare provider with more than 30 medical professionals across multiple locations. The tenant signed a 10-year lease in 2022 with two 5-year renewal options, demonstrating long-term commitment to the location. The lease structure provides 2% annual rent increases beginning in year six, creating steady income growth for investors. Positioned along a busy corridor near the intersection of Eastern Avenue and Main Street, the property benefits from approximately 14,297 vehicles per day and strong surrounding medical and residential development. Its proximity to Moore High School, other healthcare facilities, and major thoroughfares enhances accessibility and visibility, making this an attractive investment in a thriving suburban market just minutes from Oklahoma City.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

6.87%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Integris Family Care Moore

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

R-4

APN/PARCEL ID

R0004222

ASK ABOUT THIS PROPERTY

Chris JohnsonJohnson Commercial GroupMore Info
405-435-3572

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Chris JohnsonJohnson Commercial GroupMore Info
405-435-3572

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