1853 Webb RdWichita, KS 67206

Property Details for 1853 Webb Rd

Property size (Sq ft)

79,529 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional investment opportunity presents a portfolio of six Class A medical office buildings totaling 79,529 square feet, strategically located throughout Wichita, Andover, Augusta, and Anthony, Kansas. The portfolio boasts a 100% occupancy rate with all tenants, a part of EyeCare Partners, the nation's leading provider of clinically integrated eye care, under long-term leases extending through 2029, with options for further renewal. Individual building sizes range from approximately 3,300 square feet to 30,000 square feet, all featuring Class A finishes. Built between 2000 and 2016, these properties represent a stable and high-performing investment. The asking price is $23,000,000, reflecting a compelling 6.88% capitalization rate and a price per square foot of $289.20. The portfolio benefits from premier locations within established medical corridors, ensuring consistent demand and strong rental income. This is a rare opportunity to acquire a well-established, high-quality medical office portfolio with significant long-term growth potential. The properties are offered as a portfolio, but individual purchases may be considered. The portfolio's strong tenant history, long-term leases, and prime locations make it an ideal investment for discerning buyers seeking stable returns and appreciation.

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.7168

Longitude

-97.2262

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