16205 Pennsylvania Ave Edmond, OK 73013

This Edmond, OK medical office building offers a compelling investment opportunity. The 3,615 square foot property is under a 15-year absolute NNN lease with a corporate guarantee from a rapidly growing national urgent care provider, boasting 4.5-star Google reviews. The lease, commencing May 1, 2015, and expiring April 30, 2030, has approximately 5.4 years remaining, with three 5-year options. The tenant enjoys 2% annual rent increases, providing a hedge against inflation. The property sits on a 0.59-acre lot and generates a strong NOI of $112,616, resulting in a 7% cap rate. Its prime location within a vibrant retail corridor near Quail Springs Mall and major amenities ensures high patient traffic. The surrounding area features a densely populated market with high average household income, proximity to a major hospital, and a strong educational presence. This recession-resistant asset class, within a booming urgent care market, presents a stable and attractive investment opportunity with significant upside potential. The asking price is $1,608,800. Built in 2014, this fee-simple property offers a hands-free investment with minimal landlord responsibilities.