Cypress Medical Office Park

Office for Sale
Catylist Listing ID: 30453918
Property Subtypes: Medical
Building Size (RSF): 74,457 SF
Sale Price: See Agent
Property Use Type: Net Leased Investment (NNN)
Building Name: Cypress Medical Office Building
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 7/3/2019

Overview / Comments

Cypress medical office building is a stable medical office complex in Wichita's NE Webb Road medical corridor. Its construction began in 2000 and is anchored by a high-volume outpatient ambulatory surgery center which accounts for about 1/3 of the building space. Many physicians enjoy the convenience and efficiencies of walking outside the practice doors and down the hallway to perform procedures for their patients. Tenants whom call Cypress Medical Office Park home include specialties such as surgery, reproductive medicine, Ob/Gyn, endocrinology, imaging, and pathology.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087109320440100101
Zoning: GO - GENERAL OFFICE
Property Located Between: Rock Road & Webb Road on 29th Street in NE Wichita, KS.
Property Visibility: Excellent
Highway Access: K-96
Site Description: Under confidentiality agreement, Listing Agent will provide a Confidential Offering Memorandum.
Area Description: Under confidentiality agreement, Listing Agent will provide a Confidential Offering Memorandum.
Total Number of Buildings: 2
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,350 49,715 135,408
Median Age: 43.87 37.35 34.99
Households: 1,049 20,369 54,696

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