1419 N Main Street Jay, OK 74346
$957,400
For Sale
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Details
- StatusFor Sale
- Price$957,400
- Cap Rate8.00%
- Lease TypeN
- Building Size7,200 SF
- NOI$76,592
Documents
Property Description
High-Performing Multi-Tenant Property in Jay, OK – Prime Investment Opportunity
Discover a high-performing multi-tenant property in Jay, OK, offering a secure and profitable investment. Anchored by Imagen Dental Partners, a leader in the dental industry, and the Boys & Girls Club Administrative Office, this 7,200 SF property generates $76,592 NOI with an 8% cap rate.
Built in 2002 and situated on North Main Street, the property enjoys high visibility, easy access, and ample parking. Imagen Dental Partners occupies 4,200 SF under a triple-net lease with 2.6 years remaining and renewal options, ensuring stable cash flow. The Boys & Girls Club occupies 3,000 SF under a month-to-month lease, providing potential upside for future lease restructuring.
Why Invest in This Property?
- Prime Tenants: Imagen Dental Partners operates over 100 locations nationwide, ensuring reliability and industry resilience.
- Economic Growth: Located near a new industrial park in Jay, OK, driving regional development.
- Strong Market: The U.S. dental industry is projected to grow to $24.75 billion by 2030, doubling in size.
- Versatile Asset: Month-to-month lease flexibility offers opportunities for income growth or redevelopment.
Jay, OK, is a charming community experiencing growth due to industrial development and proximity to Grand Lake o’ the Cherokees. This high-performing multi-tenant property is positioned to benefit from both local and industry trends, making it a strategic investment for long-term income.
Contact us today to learn more about this exceptional property!
Map
Contact
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Tucker Massura
Net Leased Investment Advisor - Healthcare
DRE 02192155
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Request more information.