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    Turnkey Medical Clinic For Sale Title is generated by Realmo AI

    1468 N Mustang Rd, Mustang, OK

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    Turnkey medical clinic with efficient layout and certified X-ray.

    Type:OFFICE
    Property size:
    7,020 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $256/SF
    Added:
    Jul 2, 2024
    Days on Market:
    713
    Last Refresh:
    May 20 at 9:34 pm

    Property Features for 1468 N Mustang Rd

    General Information

    Standard status
    Active
    Size
    7,020 SF
    Lot size
    0.28 Acres
    Property subtype
    OFFICE

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    Listing Contact
    George Huffman
    George Huffman

    Listing agent George Huffman License #49514

    Listing office InterWest Properties, Inc

    Listing date Jul 2, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of InterWest Properties, Inc

    HighLights

    • Turnkey medical clinic ready for immediate use.
    • Designed for efficient patient flow.
    • Includes over a dozen exam rooms.
    • Equipped with a certified X‑ray machine.
    • Flexible space suitable for various medical practices (dentists, physical therapists, pediatricians, etc.).
    • Features a large waiting room, nurse’s station, physician offices, and staff break room.

    Overview

    This 7,020 square foot property is a turnkey medical clinic designed for efficient patient flow. It features a large waiting room, over a dozen exam rooms, a certified X-ray machine, a nurse’s station, and physician offices. Additionally, it has a break room for staff. This former primary care clinic is a flexible space that can serve dentists, physical therapists, pediatricians, and more. The property is located in Mustang, Oklahoma.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $135.6k $19.32
    − Vacancy −$14.0k −$1.99
    EGI $121.7k $17.33
    − OpEx −$30.4k −$4.33
    NOI $91.2k $13.00
    7,020 SF · lease $19.32/SF/yr · vacancy 10.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.30M
    $1.14M – $1.52M (±1% cap)
    NOI $91,243 @ 7.0% cap · market cap 5.07%
    Second Best
    Healthcare Medical
    $1.04M
    $912.4K – $1.22M (±1% cap)
    NOI $72,994 @ 7.0% cap · market cap 4.06%
    Theoretical Best
    Office A
    $1.53M
    $1.34M – $1.78M (±1% cap)
    NOI $106,998 @ 7.0% cap · market cap 5.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dennis Kelly M Employment Agency Bourne Michelle L Employment Agency Acosta Jose MD Pediatrician Dr. Craig Rogers Physician Mrs. Chelsea Lowery Pediatrician

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mustang
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.7241
    Latitude
    35.3783

    FAQs

    What type of property is this?
    Medical Office Space - Turnkey medical clinic with efficient layout and certified X-ray.
    Where is this medical office space located?
    The property is located at 1468 N Mustang Rd Mustang, OK.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Turnkey medical clinic ready for immediate use.; Designed for efficient patient flow.; Includes over a dozen exam rooms.
    (405) 409-4400 Call to check price and availability
    More about this property
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