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33219366
33219367

949 E Taft Ave, Sapulpa, OK 74066-5320 For Sale

RS
SC 81850, NC 304910
Furman Capital Advisors
PC
SC 7016, SC
Furman Capital Advisors
LM
140061
Furman Capital Advisors
Listed by Furman Capital Advisors
$2,272,000
47 days on market
Updated 11 days ago

Xpress Wellness Urgent Care

Details
Property Type Retail, Office
Sub Type Medical Office, Medtail
Square Footage 4,278
Cap Rate 7.00%
NOI $159,008
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 17
Remaining Term 6.5
Rent Bumps Yes
Lease Options (2) 5-Year Options
Price per SqFt $531
Class B
Year Built 2015
Buildings 1
Acreage 0.720
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple

Single Tenant Medtail | Sapulpa, OK

Marketing description

Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in an Xpress Wellness Urgent Care in Sapulpa, OK.

Investment highlights

Location in High-Traffic Retail Corridor: Positioned along Sapulpa’s primary commercial corridor, surrounded by national and regional credit tenants including Walmart Supercenter, Walgreens, Reasor’s Foods, McDonald’s, Taco Bell, Starbucks, Dutch Bros Coffee, Dollar Tree, Atwoods, and Whataburger — generating consistent daily foot traffic and strong walk-in patient volume for the clinic.

Tulsa MSA: Situated just 14 miles southwest of downtown Tulsa off I-44 (18,000 VPD) within the 1,069,000+ person Tulsa MSA, Sapulpa functions as a western gateway and established bedroom community to the metro.

Limited Urgent Care Competition with Clear Healthcare Need: Sapulpa is served by a small, single 25-bed hospital, creating substantial demand for accessible alternatives. Healthcare & Social Assistance is the city’s largest employment sector, and the absence of competing urgent care operators in the immediate trade area gives Xpress Wellness a dominant local position.

Resilient, Diversifying Local Economy: Sapulpa’s industrial base is anchored by employers like Ardagh Glass and T.D. Williamson, with new investment accelerating. AXH Air-Coolers is building a 26-acre manufacturing campus projected to create 200+ jobs, backed by $5.2 million in state incentives, while a new 90-acre Route 66 Business & Industrial Park supported by $6.3 million in state funding is in development. Residentially, the nearby Hickory Falls subdivision is delivering new homes priced from $400k to over $550K, signaling growing demand from higher-income households.

Business-Friendly State Tax Environment: Oklahoma ranks among the lowest in the nation in per capita state and local tax burden, creating a favorable operating climate and reinforcing the long-term economic stability of the market.

Institutionally Acquired Tenant: Xpress Wellness is a physician-founded urgent care platform operating 58+ locations across three states, with a rapid growth trajectory, diversified service lines spanning urgent care, occupational medicine, behavioral health, and primary care. Goldman Sachs Alternatives acquired the company in May 2024 through its Sustainable Investing platform, signaling strong institutional confidence and access to significant capital for continued expansion.

#1 Urgent Care Within a 5-mile Radius by Visit Volume: Having generated approx. 32,900 visits from 18,500 unique visitors over the trailing 12 months, this clinic’s exceptional foot traffic reinforces its dominant market position in the immediate trade area.

Listing Contacts

RS
SC 81850, NC 304910
Furman Capital Advisors
PC
SC 7016, SC
Furman Capital Advisors
LM
140061
Furman Capital Advisors
Listed by Furman Capital Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$159,008.00
$13,250.67/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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