Listed by Price Edwards & Company
$2,750,000
213 E Main St
Details
Property Type Retail, Office
Sub Type Pharmacy/Drug, Medical Office
Square Footage 15,824
Cap Rate 7.72%
NOI $173,468
Occupancy 25%
Tenancy Single
Lease Type NNN
Acreage 1.760
Pharmacy and Urgent Care Location
Marketing description
Presenting a versatile commercial building in the heart of Calera, Oklahoma, originally designed as an Urgent Care facility. This property offers a range of possibilities for medical, office, or mixed-use purposes.
Located in the trade area of the Choctaw Nation, this property is just minutes away from the Choctaw Casino, which attracts 6 million visitors annually.
No urgent care facilities currently serve this high-traffic area, offering a unique opportunity for a healthcare provider.
This property is not only ideal for medical use but also offers endless potential for various business ventures, from office space to residential conversions. The land itself presents additional opportunities for development or expansion.
Investment highlights
- Large Reception Area: Welcoming and spacious for high patient or client traffic
- 14 Exam Rooms: Ready-to-use, ideal for a healthcare setup
- Lab and Trauma Bay: Fully equipped for various medical needs
- Radiology Suite: Includes 2 Lead X-ray rooms
- Multiple Offices: Suitable for administration or additional services.
- Upstairs Space: A large area featuring office space and an apartment for an attending physician. Alternatively, this space could be rented out as office suites or converted into small apartments for extra income.
- On-site Pharmacy: A functioning pharmacy with an owner open to continuing the lease, providing an immediate revenue stream.
- Fiber Optic Connectivity: High-speed internet and phone systems are already in place.
Listing Contacts
Listed by Price Edwards & Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$173,468.00
$14,455.67/mo
Valuation Metrics
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DSCR
6.31%
Cap Rate
6.31%
ROI
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