4140 SE Adams Rd - Medical FOR SALE


Bartlesville, OK 74006
$3,578,000 USD
510-289-1166
4140 SE Adams Rd, Bartlesville, OK for Sale
$3,578,000 USD
Medical - FOR SALE
1/4
null | 7.5% Cap Rate

4140 SE Adams Rd
Bartlesville, OK 74006


HIGHLIGHTS

  • Tulsa Bone & Joint has Been the Regional Leader in the Tulsa Area for Over 24 Years with 33 Physicians
  • Nerve Renewal Neuropathy Clinic Signed a 10 Year Lease with 3% Annual Increases and is the Only Practice in the City Focused on Pain Management
  • NNN Leases with Minimal Landlord Responsibilities Limited to Roof Replacement Only – Both Tenants Reimburse a 5% Management Fee Making this Truly Pass
  • Sustainable, Below Market Rents for Medical Office Space
  • Highly Trafficked Area: Located Directly Off Two of the Most Heavily Trafficked Roads in Bartlesville (Combined 42,500 ADT)
  • 45 Miles from Downtown Tulsa: MSA Population of Over 1 Million

OVERVIEW

Two-tenant healthcare property anchored by the largest orthopedic specialists in the Tulsa area with below market rents. The subject property offers easy access and ample parking within Adams Hills Office Park, just off SE Adams Road at the junction of Highway 75 / SE Washington Boulevard (25,000 ADT) and SE Adams Boulevard (17,500 ADT). It benefits from strong demographics, with more than 43,000 residents and an average household income above $85,000 within a 5-mile radius. Adjacent uses include several medical office buildings (primary care, dental, home health), The Quarters Professional Center, and the headquarters of Diversified Systems Resources, a leading internet solutions and support firm recognized as a top local employer. Nearby retailers feature a top-performing Walmart Supercenter (#3 in Oklahoma by annual visits, per Placer.ai), Taco Bell (#6 in the state), Chevrolet, Braum’s Ice Cream, Arvest Bank, McDonald’s, Sherwin-Williams, 7 Brew Coffee, and Eastland Shopping Center, which includes Hobby Lobby, Planet Fitness, Chick-fil-A, and additional tenants. The property lies approximately 1 mile from Ascension St. John Jane Phillips Medical Center, a 133-bed level III trauma facility with multiple accolades. It is roughly 3 miles from Bartlesville’s historic downtown and 5 miles from Bartlesville Municipal Airport, which provides full services for transient and local business aviation. In Association with ParaSell, Inc. | A Licensed Oklahoma Real Estate Broker #183645

FOR SALE DETAILS

PRICE

$3,578,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

AA1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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

Putnam DailyFisher James CapitalMore Info
510-289-1166

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