700 24th Avenue NW

700 24th Avenue NW, Norman, OK 73069

Property Information

  • For Sale $6,995,000
  • Property Type Office - Medical Office
  • Property Size 18,652 SF
  • Lot Size 2.43 Acre
  • Cap Rate % 6
  • NOI / YR $419,670.00
  • Date Updated Sep 8, 2026

Description

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.

Contacts

Location

Located at 700 24th Avenue NW, Norman, OK 73069, this property is part of the Cleveland neighborhood and Oklahoma City market.

Contact 700 24th Avenue NW
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.