Listed by Sooner Realty - Kamlesh Aggarwal - Intelligence, Rad Commercial Realty
Unpriced
Short Sale opportunity - Call offers by July 15th
Details
Property Type Special Purpose, Mixed Use
Square Footage 15,590
Tenancy Vacant
Lease Type Gross
Pro-Forma Cap Rate 12.00%
Pro-Forma NOI $923,618
Price per SqFt $334
Class B
Year Built 1999
Stories 2
Parking Spaces 3.08 per 1,000 sq ft
Sale Condition Distressed
Short Sale Opportunity - Old Therapy Services , Expansion Potential- Offers by July 15th
Marketing description
Lender-Controlled Sale — Fully-Built Pediatric Therapy Facility — Tulsa, OK
- Court-Supervised / Lender-Directed Disposition. This 15,590+/- SF property is being marketed as part of a lender-directed sale process. The prior pediatric therapy operator has ceased business operations, and the disposition of the asset is being controlled through the lender (and/or court-appointed receiver/trustee), not the original owner. All offers, terms, and timelines are subject to lender/court approval.
- Turnkey Clinical Buildout Available Below Replacement Cost. Built in 1999, this 12,000 SF clinical facility was formerly one of the region's premier pediatric therapy providers — offering aquatic, feeding, physical, occupational, speech, and school-based therapy. A new owner can acquire substantial existing infrastructure without the original capital outlay of new construction.
- Existing Treatment Infrastructure. Includes a PT gym, OT gym with ceiling-suspended sensory equipment, private speech therapy rooms, a feeding-therapy kitchen, and an aquatic therapy pool.
- Expansion Space Available. A large open area previously designated for dyslexia services offers room for additional service lines under new ownership.
- Sold As-Is, Subject to Lender/Court Process. Buyers should expect this transaction to follow lender-required procedures (e.g., proof of funds, lender-approved purchase agreement, possible court confirmation, and bidding procedures if applicable). No in-place revenue, staff, licensure, or patient base transfers with the real estate.
- Favorable Market Fundamentals for a New Operator. Pediatric therapy demand remains structurally strong, driven by rising diagnosis rates and early-intervention mandates — supporting future recurring, insurance-reimbursable revenue once a new clinical program is established.
- Process & Timeline. Interested parties should contact the broker for current status on lender requirements, required documentation, and any court dates or bid deadlines that may apply.
Investment highlights
Lender-Controlled Sale — Fully-Built Pediatric Therapy Facility — Tulsa, OK
- Court-Supervised / Lender-Directed Disposition. This 15,590+/- SF property is being marketed as part of a lender-directed sale process. The prior pediatric therapy operator has ceased business operations, and the disposition of the asset is being controlled through the lender (and/or court-appointed receiver/trustee), not the original owner. All offers, terms, and timelines are subject to lender/court approval.
- Turnkey Clinical Buildout Available Below Replacement Cost. Built in 1999, this 12,000 SF clinical facility was formerly one of the region's premier pediatric therapy providers — offering aquatic, feeding, physical, occupational, speech, and school-based therapy. A new owner can acquire substantial existing infrastructure without the original capital outlay of new construction.
- Existing Treatment Infrastructure. Includes a PT gym, OT gym with ceiling-suspended sensory equipment, private speech therapy rooms, a feeding-therapy kitchen, and an aquatic therapy pool.
- Expansion Space Available. A large open area previously designated for dyslexia services offers room for additional service lines under new ownership.
- Sold As-Is, Subject to Lender/Court Process. Buyers should expect this transaction to follow lender-required procedures (e.g., proof of funds, lender-approved purchase agreement, possible court confirmation, and bidding procedures if applicable). No in-place revenue, staff, licensure, or patient base transfers with the real estate.
- Favorable Market Fundamentals for a New Operator. Pediatric therapy demand remains structurally strong, driven by rising diagnosis rates and early-intervention mandates — supporting future recurring, insurance-reimbursable revenue once a new clinical program is established.
- Process & Timeline. Interested parties should contact the broker for current status on lender requirements, required documentation, and any court dates or bid deadlines that may apply.
Listing Contacts
Listed by Sooner Realty - Kamlesh Aggarwal - Intelligence, Rad Commercial Realty
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