615 32nd St Muskogee, OK 74401

This exceptional investment opportunity presents a fee-simple interest in a 7,076 square foot medical office building in Muskogee, Oklahoma. The property, built in 2022, is situated on a 0.78-acre lot at 615 S 32nd St, 74401, boasting a prime location with high visibility and traffic counts exceeding 29,000 vehicles daily. Currently 100% occupied by Utica Park Clinic under a 10-year NNN lease (commencing April 14, 2023, and expiring April 13, 2033), this investment offers a secure, long-term income stream. The lease includes a corporate guarantee from AHS Hillcrest Healthcare System, LLC, and features attractive 2% annual rent bumps, along with one 10-year renewal option. The property's strong tenant and lease structure contribute to a compelling 7.00% cap rate and a net operating income (NOI) of $132,947. The building's proximity to major medical facilities, including Saint Francis Hospital Muskogee and Cornerstone Hospital Muskogee, further enhances its value and potential for long-term growth within a dense medical corridor. The asking price is $1,900,000, translating to a price per square foot of $268.51. This is a rare opportunity to acquire a high-quality, single-tenant medical office building with a strong tenant, excellent lease terms, and a superior location.