2200 Flamingo Ave Bethany, OK 73008

This exceptional investment opportunity presents a 10,835-square-foot Class A medical office building in Bethany, Oklahoma. The property is a 2022 build-to-suit for Physicians Choice Dialysis, operating under a 15-year net lease with three, 5-year renewal options. The lease commenced June 1, 2022, and features a strong 3% annual rent increase, ensuring consistent income growth. The building boasts 100% occupancy and generates a substantial net operating income (NOI) of $333,311, resulting in an attractive 7.25% cap rate. Situated on a 2.23-acre lot at 2200 N Flamingo Ave, Bethany, OK 73008, this single-tenant property benefits from its strategic location, just 2.5 miles from Integris Health Community Hospital West. The building is designed to serve as a dialysis clinic with 20 stations plus one private station, and includes additional space for administrative functions and doctor's offices. The property's strong tenant, Physicians Choice Dialysis, operates within a rapidly growing market, offering investors a stable and resilient investment in the healthcare sector. The surrounding area exhibits excellent demographics, with an average household income of approximately $80,000 within a one-mile radius. Bethany's location offers a lower cost of living compared to Oklahoma City, while maintaining convenient access to its amenities. This property represents a compelling investment opportunity in a thriving healthcare market, offering a secure long-term lease and significant potential for return. The asking price is $4,597,388.