For Sale
$2,900,000

4800 San Antonio St Broken Arrow, OK 74012

Medical Office Building, High Occupancy, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity, Berkshire Medical Plaza, is a stabilized Class B medical office building located at 4800 W San Antonio St, Broken Arrow, OK 74012. The property boasts 15,865 square feet across two stories on a 1.16-acre lot, built in 2006 and renovated in 2008. Currently 100% occupied with a multi-tenant structure, the building features a common lobby, common restrooms, and an elevator. The lease type is modified, secured by corporate guarantees, with a remaining term of 4 years and 2% annual rent bumps. The property offers 56 parking spaces and is zoned OL. Financial highlights include an asking price of $2,900,000, a price per square foot of $185.04, a 7.79% cap rate, and a Net Operating Income (NOI) of $249,139. The building is ideally situated in a high-density area with strong demographics, making it an attractive investment for long-term growth. The current tenants include a physical therapy clinic on the first floor and a DaVita Home Dialysis Center occupying the entire second floor. This presents a compelling opportunity for investors seeking a stable, high-performing medical office building in a thriving Oklahoma market.

Highlights

  • 15,865 SF Class B medical office building.
  • Common lobby and restrooms, elevator.
  • Physical Therapy Clinic on the first floor and DaVita Home Dialysis Center on the second floor.

Property Details for 4800 San Antonio St

Property type
Office properties, Medical offices
Square Feet
15,865 SF
Class
B
Year Built/Renovated
2006/2008
Buildings
1
Stories
2
Lot Size (sq. ft)
50,530 SF

Location Insight

City
Broken Arrow
County
Tulsa
State
Oklahoma
Latitude
36.0376298
Longitude
-95.850487
4800 San Antonio St, Broken Arrow, Oklahoma

FAQs

What type of property is this?
Office property - Medical Office Building, High Occupancy, Strong NOI
Where is the office property located?
The property is located at 4800 San Antonio St Broken Arrow, OK.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 15,865 SF Class B medical office building.; Common lobby and restrooms, elevator.; Physical Therapy Clinic on the first floor and DaVita Home Dialysis Center on the second floor.
How can I contact the broker?
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4800 San Antonio St
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