For Sale
$1,600,000 | 7.05% Cap
5030 East Admiral Place, Tulsa, OK 74115
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Broker of Record: Jeremy Halback | Southern Site Selection LLC | OK License #: 172446
Investment Highlights
Long-Term Occupancy
CSL Plasma has operated out of the Tulsa, OK location for 40 years, dating back to 1986.
Facility Performance
CSL Plasma's 7-day operating schedule at reflects robust donor traffic and collection needs.
Corporately Guaranteed
The CSL Plasma lease is backed by a corporately guarantee from CSL Plasma, Inc.
Rent Adjustments
The (2) 5-year renewal options are accompanied by fair market value rent adjustments.
Low Rent & Price Per Square Foot
The property showcases strong investment fundamentals through its affordable $8.68 per square foot lease rate and accessible $123.08 per square foot pricing structure.
Minimal Landlord Responsibilities
The CSL Plasma lease is structured on a net basis whereby the tenant is financially responsible for all expenses other than the building's structural components.
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 13,000 Square Feet |
5.5+ Years | $112,776 |
Investment Overview
Peranich Huffman Net Lease Group is pleased to offer for sale, the CSL Plasma of Tulsa, OK. Positioned on a 1.6-acre parcel, the 13,000 SF single-tenant plasma facility operates seven days a week. Presented at a 7.05% capitalization rate, the offering provides an investor with the opportunity to acquire a property that is home to a national medical tenant that exemplifies a reputation of consistency for both patients and the real estate investment community.
Lease Term
CSL Plasma has 5.5+ years of lease term remaining following the execution of an early 10-year renewal in 2021. The corporately guaranteed CSL Plasma lease provides for an additional (2) 5-year renewal options at fair market value.
Net Lease Structure
The CSL Plasma lease is structured on a net basis whereby the tenant is financially responsible for all expenses other than the building's structural components. Tenant obligations include: expenses related to the HVAC, roof maintenance, parking lot, landscaping, property taxes, insurance, utilities & waste management.
About The Tenant
CSL Plasma Inc., a fully owned subsidiary of CSL Behring (S&P: A-), has become one of the world's largest collectors of human plasma. With over 12,000 employees, CSL Plasma's vertically integrated structure allows for the collection & distribution of plasma for the sole purpose of manufacturing and delivering its life-saving therapies to people in more than 100 countries.