201 2nd St Skiatook, OK 74070-1211

This exceptional investment opportunity presents a 4,720 square foot single-tenant medical office building located at 201 E 2nd Street in downtown Skiatook, Oklahoma. Situated on a 0.32-acre lot, this property offers a compelling combination of established tenancy and strong financial performance. Built in 1965, the building is conveniently located just north of Highway 20, providing excellent accessibility and visibility. The current asking price is $595,000, representing a desirable 5.90% capitalization rate. The property's size and location make it an ideal investment for those seeking a stable, income-generating asset in a growing market. While the current lease expires December 31, 2020, the building's history of occupancy and prime location suggest strong potential for future leasing. The property's classification as a medical office building indicates a specialized and potentially high-demand tenant base. Further investigation into the property's financial records and lease terms is encouraged for prospective buyers. The price per square foot is $126.06. This property offers a rare opportunity to acquire a well-situated medical office building with a proven track record in a thriving community. Detailed financial information is available upon request.