For Sale: Just Listed – 100% Occupied Medical/Office Building – Ponca City, OK

415 Fairview AvenueAsset Overview

Price: $2,200,000
Square Feet: 21,906 SF
PSF: $100.43/SF
Cap Rate: 6.25%
Occupancy: 100%

Investment Summary

CBRE is pleased to present the opportunity to acquire 415 Fairview Avenue, a 100% leased medical/office building comprised of 21,906 +/- SF, in Ponca City, Oklahoma. The subject property is situated on 1.46 acres, located approximately 300 yards north of Alliance Health (formerly Ponca City Medical Center) and is zoned Hospital-Medical Complex District. The property was built in 1994, comprised of a concrete structure with a modern brick facade. 415 Fairview Avenue is leased to Northern Oklahoma Regional Pediatric Group, Kay County Oklahoma Hospital Company, occupying floors one and two, respectively.

Investment Highlights

  • Proximity to 140-Bed and 39 Active Physician Medical Center, Alliance Health.
  • 100% Occupied Medical/Office Building
  • 2015 Average Household Income of $60k in a 1-Mile Radius
  • Conveniently Located Along Primary Business and Retail Corridor
  • Per Square Foot Price is Well Below Replacement Cost for Property.

Asset Website

Contact Us

Adam Rumsey
+1 405 607 6050


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