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    Kansas City Medical Office Title is generated by Realmo AI

    700 Nebraska Avenue, Kansas City, KS

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    Medical office space in Kansas City, Kansas for sale.

    Type:RETAIL
    Property size:
    8,400 SF
    Lot size:
    0.89 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    226
    Last Refresh:
    Jul 4 at 5:40 am

    Property Features for 700 Nebraska Avenue

    General Information

    Standard status
    Active
    Size
    8,400 SF
    Lot size
    0.89 Acres
    Property subtype
    RETAIL

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    Kyle Mackulak
    Kyle Mackulak

    Listing office Matthews Real Estate Investment Services

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Matthews Real Estate Investment Services

    HighLights

    • Long‑term (17‑year) NNN lease commenced in 2023 with built‑in rent increases and two 5‑year renewal options, providing stable, growing cash flow.
    • Backed by CVS Health (NYSE: CVS), a financially strong national healthcare company, enhancing tenant credit profile.
    • Ideal 1031 exchange opportunity due to passive income and minimal landlord responsibilities.
    • $1.9 million tenant‑funded renovation in 2023 demonstrates commitment to the location and improves the property's infrastructure.
    • Located in a federally designated Opportunity Zone, offering potential tax benefits for qualified investors.
    • Mission‑critical healthcare use in a medically underserved area, supporting Oak Street Health's value‑based care model.

    Overview

    The property is a medical office located in Kansas City, Kansas. Oak Street Health, acquired by CVS Health in 2023, occupies the space and operates over 230 centers nationwide with plans to expand to over 300 clinics by 2026. The Kansas City location provides outpatient care to an aging, Medicare-eligible population in a medically underserved neighborhood. The property benefits from a 17-year NNN lease that commenced in 2023, featuring built-in rent increases and two 5-year renewal options. In 2023, the tenant invested $1.9 million to renovate and upgrade the 8,400 square foot facility. Oak Street Health operates three strategically located clinics across the Kansas City metro. The site is located near key regional infrastructure including Kansas City Hall, Memorial Hall, and I-70. The property is located within a federally designated opportunity zone. Home values in Kansas City are projected to rise by 5.6% in 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Paige Dodson, MD Physician Oak Street Health ... Medical Clinic Bonnie J. Landgraf, ... Physician William B. Beachum, ... Physician

    Suggested Use

    Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.6283
    Latitude
    39.1179

    FAQs

    What type of property is this?
    Medical Office Space - Medical office space in Kansas City, Kansas for sale.
    Where is this medical office space located?
    The property is located at 700 Nebraska Avenue Kansas City, KS.
    What are key features of this property?
    This property features: Long‑term (17‑year) NNN lease commenced in 2023 with built‑in rent increases and two 5‑year renewal options, providing stable, growing cash flow.; Backed by CVS Health (NYSE: CVS), a financially strong national healthcare company, enhancing tenant credit profile.; Ideal 1031 exchange opportunity due to passive income and minimal landlord responsibilities.
    (262) 672-8388 Call to check price and availability
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