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611 S George Nigh Expy
Mcalester, OK 74501

Heartland Dental Care · Office Property For Sale

Investment Highlights

  • Absolute NNN Lease - Zero landlord responsibilities
  • Long Remaining Lease Term - 8-years remaining on the base lease term
  • Successful Business Model - Heartland Dental has been delivering quality dental care since 1983
  • Attractive Rental Increases - 2.50% annual increases throughout the term
  • Strong Guaranty - The lease is guaranteed by Heartland Dental, LLC.
  • Robust Retail Location - the Property has direct visibility off of George Nigh Expressway

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
5,206 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,206 SF
Building FAR
0.12
Lot Size
1.00 AC

Amenities

  • Air Conditioning

About 611 S George Nigh Expy , Mcalester, OK 74501

Stan Johnson Company is pleased to present to qualified investors, the My Dentist in McAlester, OK. The subject property is 100% leased to and guaranteed by Heartland Dental Care, LLC. The offering is comprised of an approximately 1.00-acre plot, along with the fee-simple ownership rights to a 5,206 square foot building 100% occupied by Heartland Dental. Heartland Dental leases the facility on an initial fifteen (15) year base lease term with one (1), ten (10) year option to renew. McAlester is a city in and county seat of Pittsburg County, Oklahoma. The population was 18,363 at the 2010 census, a 3.4 percent increase from 17,783 at the 2000 census, making it the largest city in the former Choctaw Nation of Oklahoma, followed by Durant. The town gets its name from J.J. McAlester, an early settler and businessman, who later became Lieutenant Governor of Oklahoma. McAlester is the home of the Oklahoma State Penitentiary, site of an inside the walls prison rodeo from which ESPN' s SportsCenter once broadcast. Oklahomans sometimes refer to the state prison simply as Big Mac or McAlester. McAlester is home to many of the employees of the McAlester Army Ammunition Plant. This facility makes almost all of the bombs used by the United States military. In 1998 McAlester became the home of the Defense Ammunition Center (DAC) which moved from Savanna, Illinois, and relocated as a tenant on McAlester Army Ammunition Plant.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1512-00-000-001-0-001-10
Land Assessment
$77,003
Improvements Assessment
$160,474
Total Assessment
$237,477
  • Listing ID: 8629820

  • Date on Market: 8/11/2017

  • Last Updated:

  • Address: 611 S George Nigh Expy, Mcalester, OK 74501

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