Single-Tenant VA Office
For Sale
Contact for pricing
1625 E 30th Ave, Hutchinson, KS 67502
Two Energy Star-rated office buildings house fully occupied Veterans Affairs outpatient clinic operations on 5.64 acres.
Property SizeContact for details
Lot Size5.64 Acres
Days on Market121
Property Features for 1625 E 30th Ave
General Information
Standard status
Active
Lot size
5.64 Acres
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Additional Details
Lease Term
120 months
Amenities
high-speed internet wiring
security upgrades
Energy Star rated
Building Details
Year Built
2007
Construction
limestone facade
Tenancy
Single
Listing Agency:
Marcus & Millichap - Denver
Listed By:
Barry Higgins · License #EA 748415
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 7:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
Marcus and Millichap presents two single-tenant government office buildings fully occupied by the Department of Veterans Affairs. Built to suit for VA outpatient clinic requirements in 2007 and 2008, the properties total 16,675 rentable square feet on 5.64 acres and feature limestone facades with tile and shingle roofs. Both buildings have undergone approximately $400,000 in VA-funded improvements over recent years, including high-speed internet wiring and extensive security upgrades.
The Hutchinson facility totals 7,443 rentable square feet and the Parsons facility totals 6,839 rentable square feet. The properties may be purchased together or separately. Both are secured by newly executed 10-year lease renewals (5 years firm) backed by the full faith and credit of the United States of America, with annual 4% base rent increases beginning in year 6 through year 10 and operating cost reimbursements tied to CPI.
The Hutchinson facility totals 7,443 rentable square feet and the Parsons facility totals 6,839 rentable square feet. The properties may be purchased together or separately. Both are secured by newly executed 10-year lease renewals (5 years firm) backed by the full faith and credit of the United States of America, with annual 4% base rent increases beginning in year 6 through year 10 and operating cost reimbursements tied to CPI.
Key Highlights
- VA outpatient clinic portfolio features two fully occupied, single‑tenant government office buildings in Hutchinson and Parsons, Kansas
- Built‑to‑suit for VA in 2007 and 2008, each meeting VA outpatient clinic requirements
- Total of 16,675 rentable SF on 5.64 acres, with Hutchinson at 7,443 rentable SF and Parsons at 6,839 rentable SF
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 67502, KS
23,770
Population
10,868
Households
2.2
Avg Household Size
46
Median Age
30%
College-Educated
96%
High-School Grad
73.3 sq mi
ZIP Area
324
Density / Sq Mi
$73,192
Median Household Income
$42,541
Median Earnings
$919
Median Rent
$178,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Two Energy Star-rated office buildings house fully occupied Veterans Affairs outpatient clinic operations on 5.64 acres.
Where is this office building located?
The property is located at 1625 E 30th Ave Hutchinson, KS.
What are key features of this property?
This property features: VA outpatient clinic portfolio features two fully occupied, single‑tenant government office buildings in Hutchinson and Parsons, Kansas; Built‑to‑suit for VA in 2007 and 2008, each meeting VA outpatient clinic requirements; Total of 16,675 rentable SF on 5.64 acres, with Hutchinson at 7,443 rentable SF and Parsons at 6,839 rentable SF
