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400 N Eastern Ave Moore, OK 73160

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For Sale
$4,200,000

NNN leased medical office building with long-term tenant.

Property size:
9,600 SF
Lot size:
1.92 Acres

Property Features for 400 N Eastern Ave

General Information

Size
9,600 SF
Lot size
1.92 Acres

Source: Grant Group Agent Chris Anderson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Medical Office Building For Sale

This is an opportunity to acquire a fee simple interest in a freestanding medical office building (MOB) in Moore, OK. The property is occupied by Just Kids Pediatrics (JKP), which signed a 10-year lease in 2022, with 8 years remaining and two 5-year options, demonstrating a commitment to long-term tenancy. The lease terms include 2% annual increases beginning in Year 6 of the initial term, continuing annually throughout both option terms, allowing for steady NOI growth and an inflation hedge. The lease is absolute NNN with zero landlord responsibilities, making it a management-free investment. JKP was started in 2014 and has grown into a 13-clinic, multi-specialty practice with more than 30 providers. The practice focuses on primary care, utilizing technology and equipment to guarantee results and care.
Insight Report Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Silver Leaf Animal Hospital

Location Insight

  • Map
  • Local Demand
City
Moore
County
Cleveland
State
Oklahoma
Longitude
-97.4761836
Latitude
35.3348392

FAQs

What type of property is this?
Medical office - NNN leased medical office building with long-term tenant.
Where is this medical office located?
The property is located at 400 N Eastern Ave Moore, OK.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: - Absolute NNN lease with zero landlord responsibilities, providing a management-free, passive investment.; - Established tenant, Just Kids Pediatrics (JKP), with 8 years remaining on a 10-year lease and two 5-year options, indicating long-term commitment.; - Lease includes 2% annual increases starting in Year 6 and continuing through option terms, offering steady NOI growth and an inflation hedge.
More about this property
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