For Sale
$1,095,000

1111 Neo Lp Grove, OK 74344

5,700 SF Medical Office - Vacant

Overview

Added:
Dec 11, 2024
Days on market:
134
This 5,700 square foot medical office building, previously occupied by DaVita Dialysis, is situated on a one-acre lot in Grove, Oklahoma's business park, conveniently located near the US Post Office. Built in 2012, this single-story building features 30 parking spaces, high ceilings, multiple consultation rooms, a staff break room, and several delivery doors. The interior boasts a large open area with abundant natural light from numerous windows and a zoned HVAC system encompassing approximately six zones. The property is offered for sale at $1,095,000, with the seller considering long-term lease options. A significant incentive is offered to purchasers: 80% of the remaining lease (expiring July 30, 2026) will be paid at closing. Lease incentives are also available, including six months of free rent for a five-year lease and one year of free rent for a ten-year lease. The property is zoned for commercial use and is currently vacant, presenting a unique opportunity for owner-users or investors. The building's low-maintenance design and ample parking add to its appeal. The property is offered as a NNN lease. The lot size is 43,560 square feet. Santarpia LLC is the current owner.

Highlights

  • 5,700 SF medical office building on a 43,560 SF lot in Grove, OK business park.
  • Built in 2012, single-story with 30 parking spaces.
  • Features multiple consultation rooms, staff break room, & delivery doors.
  • $1,095,000 asking price; seller financing & lease options available.
  • Significant lease incentives offered; 80% of remaining lease paid at closing (lease expires 7/30/2026).

Property Details for 1111 Neo Lp

Property type
Office properties, Medical offices
Square Feet
5,700 SF
Year Built
2012
Stories
1

Location Insight

City
Grove
County
Delaware
State
Oklahoma
Latitude
36.585881651601
Longitude
-94.75423357401

FAQs

What type of property is this?
Office property - 5,700 SF Medical Office - Vacant
Where is the office property located?
The property is located at 1111 Neo Lp Grove, OK.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 5,700 SF medical office building on a 43,560 SF lot in Grove, OK business park.; Built in 2012, single-story with 30 parking spaces.; Features multiple consultation rooms, staff break room, & delivery doors.
How can I contact the broker?
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1111 Neo Lp
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