Inland Closes Acquisition of Oklahoma City MOB

The Surgical Hospital of Oklahoma, built in 1995 and expanded in 1998, contains 33,500 square feet of medical office space.

Surgical Hospital of Oklahoma
Surgical Hospital of Oklahoma

Inland Real Estate Acquisitions has closed on the purchase of a 33,500-square-foot medical office building in Oklahoma City. The Surgical Hospital of Oklahoma is a 12-bed inpatient hospital, equipped with seven operating rooms. The facility is fully leased to and operated by OptumCare, a subsidiary of United Health Group. The property last sold for $9.7 million in March 2017, according to county records.

Located at 100 S.E. 59th St., the building was constructed in two phases—a 10,000-square-foot facility was erected in 1995, and later expanded to its present size in 1998. Downtown Oklahoma City is approximately six miles to the north, accessible via Interstate 35, which is one mile to the east.

Inland Senior Vice President Mark Cosenza—who recently led the acquisition of a Chicago health center—completed the transaction, along with ‎Assistant Vice President & Associate Counsel David Neboyskey.

“Located near downtown Oklahoma City, the Will Rodgers World Airport and Tinker Air Force Base, the Surgical Hospital of Oklahoma provides the 242,000 residents within a five-mile radius with convenient access to medical care,” said Cosenza in a prepared statement. “The property’s ideal location, coupled with its well-known tenant and 15-year lease, made this a prime example of the type of acquisitions we continue to look for in this asset class.”

Image via Google Maps