Healthcare in Norman, OK — Sale in Norman, OK

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Norman, OK 73069

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Description

An attractive opportunity for investors seeking to acquire a high-quality medical office asset with a credit tenant, long-term lease structure, and compelling returns in the healthcare submarket. CBRE is pleased to present the opportunity to acquire 700 24th Avenue NW, a stabilized, single-tenant medical office building fully leased to Mercy Health, a nationally recognized, investment-grade healthcare provider. The 18,652± square foot, purpose-built clinical facility is secured by a newly executed 10-year absolute NNN lease, providing investors with long-term, passive income. The offering delivers durable, bond-like cash flow backed by a strong-credit tenant. Designed to accommodate a broad range of healthcare services, the property features an efficient floor plan, quality construction, and ample on-site parking. The asset benefits from its location within a dense medical office area, reinforcing long-term tenancy and healthcare-driven demand fundamentals.

Market Context

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