Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the medical office property located at 949 East Taft Avenue in Sapulpa, Oklahoma. Currently occupied by Xpress Wellness Urgent Care, one of the largest urgent care providers in secondary markets throughout Oklahoma and Kansas. The company has established a strong presence in these regions, meeting critical healthcare needs in areas where hospital and emergency services may be limited. Since acquiring Xpress Wellness in 2024, Goldman Sachs has enabled continued expansion and operational efficiency. Xpress Wellness is known for offering a wide range of medical services, from routine check-ups to emergency care, ensuring consistent demand. With approximately 7.5 years remaining on a Modified NNN lease featuring 10% rental increases every 5 years, the property provides both stability and long-term potential in an essential service sector. Sapulpa, a growing city just southwest of Tulsa with a population of approximately 21,000, serves as a vital healthcare hub for surrounding rural areas. Home to hospitals, urgent care centers, and private practices, the city’s medical services play a central role in the local economy. Creek Nation Community Hospital anchors a cluster of medical office developments, supported by clinics, outpatient services, and specialty providers that benefit from the area’s strong infrastructure. Sapulpa’s strategic location along U.S. Route 66 and Interstate 44 further enhances its appeal for healthcare-related businesses within the Tulsa metropolitan region.