Tulsa, OK –Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the portfolio sale of five dental clinics, 100% leased to My Dentist, located in Oklahoma for a combined price of $7.5 million.
Jeff Matulis, Toby Scrivner, and Karen Vinsko of Stan Johnson Company represented the seller, a developer based in Oklahoma City, and the buyer, an institutional REIT out of New York.
The portfolio of properties was sold free and clear of debt. All properties are situated within excellent retail trade areas in markets throughout Oklahoma.The properties featured new 15-year triple net leases with attractive annual rent increases.
Contact:
David Ebeli
Ebeling Communications
(949) 278-7851
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