1401 E Broadway St | Altus, OK 73521
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1401 E Broadway St
Altus, OK 73521
US Renal Care of Altus, OK · Retail Property For Sale
Investment Highlights
- "ESSENTIAL BUSINESS" INVESTMENT - Given current market conditions, the importance of owning essential business assets have become paramount.
- MINIMAL LANDLORD RESPONSIBILITIES - Tenant reimburses the landlord for the replacement of the roof, HVAC and parking areas on an amortized basis.
- CORPORATE GUARANTEE - 60% backed by a corporate guarantee from US Renal Care. 40% backed by a personal guarantee from the nephrologists.
- RENTAL RATE ESCALATIONS - The US Renal Care lease provides for base rental rate escalations of 2.5% annually throughout the remainder of the term.
- FACILITY LOCATION - Only dialysis center in Oklahoma within a 50-mile radius of the subject property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,725 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.69 AC
Zoning
UC
Parking
39 Spaces (6.81 Spaces per 1,000 SF Leased)
Frontage
133 FT on East Broadway Street
PROPERTY TAXES
| Parcel Number | 0065-00-001-001-0-000-00 | Improvements Assessment | $169,215 |
| Land Assessment | $32,396 | Total Assessment | $201,611 |
PROPERTY TAXES
Parcel Number
0065-00-001-001-0-000-00
Land Assessment
$32,396
Improvements Assessment
$169,215
Total Assessment
$201,611
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