Single tenant NNN medical office building for sale in Norman, OK. The entire facility is leased to Integris Ambulatory Care Corp. The building houses Integris Family Care, and Integris Urgent Care. The tenant has approximately three and half (3 1/2) years left on a ten (10) year lease, expiring on 8/31/2017. 3% annual increases. Tenant has one (1) five (5) year renewal option.

Location Description:

Norman is home to the University of Oklahoma, the largest public university in the State of Oklahoma, and has experienced a 26% growth rate in population since 2000. Additionally, Norman is home to the Postal Service Training Center, and the National Weather Center.

The subject property fronts NW 24th Avenue, a primary commercial artery, with a traffic count in excess of 20,000 vehicles per day.

Highlights:

>> Single tenant medical office office for sale

>> 3 1/2 years remaining on ten year term

>> 3% annual increases

>> Excellent visibility in a high traffic location

>> Minimal Landlord responsibility

Sales Info:

>> Commision split: 2.5%