For Sale
For Sale
-
Year Built
1999
-
Overview
We are pleased to offer an opportunity to purchase the fee simple ownership of the single-tenant KCK Professionals
Building (the “Building”) leased to Prime Healthcare - Providence Medical (the “Tenant”) located in Kansas City,
Kansas to qualified investors. The property has immediate access from State Avenue at N 75th Place, with easy access
to I-70 and within a 12-minute drive to the Legends retail and entertainment district. State Avenue is one of the major
commercial corridors for Kansas City, Kansas, stretching from downtown to the Legends (Kansas Speedway, Sporting
KC Soccer Park, Nebraska Furniture Mart, Cabela’s and the Legends Outlet Shoppes) with in excess of 12 million
visitors per year. The 12,000-square-foot subject property sits on a 1.31-acre site. The Building is strategically located
for easy access to Providence Medical Center, The University of Kansas Hospital and Saint Luke’s Hospital. Built for
the tenant in 1999, the Building is currently vacant, however, Prime Healthcare continues to pay the lease in order to
protect their market. It is expected that one of the many surrounding hospitals or medical practices would be an ideal
prospect for tenancy should Prime Healthcare decide not to re-tenant the building.List Price: $2,495,000
Cap Rate: 11.90%
Building: 12,000 SF
Price: PSF $207.92
Land Area: 1.31 AC
Built: 1999
Property Details
We are pleased to offer an opportunity to purchase the fee simple ownership of the single-tenant KCK Professionals
Building (the “Building”) leased to Prime Healthcare - Providence Medical (the “Tenant”) located in Kansas City,
Kansas to qualified investors. The property has immediate access from State Avenue at N 75th Place, with easy access
to I-70 and within a 12-minute drive to the Legends retail and entertainment district. State Avenue is one of the major
commercial corridors for Kansas City, Kansas, stretching from downtown to the Legends (Kansas Speedway, Sporting
KC Soccer Park, Nebraska Furniture Mart, Cabela’s and the Legends Outlet Shoppes) with in excess of 12 million
visitors per year. The 12,000-square-foot subject property sits on a 1.31-acre site. The Building is strategically located
for easy access to Providence Medical Center, The University of Kansas Hospital and Saint Luke’s Hospital. Built for
the tenant in 1999, the Building is currently vacant, however, Prime Healthcare continues to pay the lease in order to
protect their market. It is expected that one of the many surrounding hospitals or medical practices would be an ideal
prospect for tenancy should Prime Healthcare decide not to re-tenant the building.
List Price: $2,495,000
Cap Rate: 11.90%
Building: 12,000 SF
Price: PSF $207.92
Land Area: 1.31 AC
Built: 1999
- Property TypeOffice
- Year Built1999
- Sale Price$2,495,000
- Total Acres0.28
- Property ID2173766
You Might Also Like
-
1,200 - 2,400sqft$1,400 - $2,800/mo
-
1,200sqft$1,400/mo
-
454sqft$889/mo
-
1,113sqft$2,180/mo