Class A Medical Facility

Office for Sale
Catylist Listing ID: 30489821
Property Subtypes: Medical
Building Size (RSF): 11,028 SF
Gross Building Area: See Agent
Gross Land Area: 1.61 Acres
Sale Price: $2,400,000
Unit Price: $217.63 PSF
Property Use Type: Investment, Business
Class of Space: Class A
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 11/13/2019

Overview / Comments

InSite Real Estate Group is pleased to offer for sale a high-quality medical building in northeast Wichita, Kansas. The property is currently under lease to Ascension Via Christi Imaging and is home to a modern diagnostic and imaging business.

The property is strategically located in Northeast Wichita next door to HCA Wesley Woodlawn Hospital and Emergency Room facility. Patients and visitors will benefit from easy access via signalized intersection on Woodlawn just ¾ mile south of the K-96 Expressway.

The property is offered for sale with a lease in place to Ascension Via Christi Imaging through July 31, 2020 with the expectation that the tenant will need additional time on a short-term lease extension of undetermined duration. This lease structure allows for the user or investor to purchase the property on attractive terms while achieving
favorable near-term cash flow as a replacement tenant is identified.

* Electric Service: 800 Amp 3-Phase 4-Wire 277/480 Volt
* Roof: TPO Membrane System
* Parking: 50 On-Site Stalls
* Large waiting room (23 seats) with coffee bar
* Automatic entry sliding glass doors
* Large centrally located reception/records room as well as an employee break room with built in lockers
* Includes X-Ray room, CT Scan room, two Ultrasound Exam rooms, MRI room, Mammography room, and conference room
* Professionally managed concrete tilt-up construction built in 2004 with extensive plumbing and extensive landscaping throughout

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087113060230200500
Zoning: GENERAL OFFICE
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2004

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,003 66,719 175,468
Median Age: 35.13 35.44 34.1
Households: 5,223 27,174 70,315
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