Medical Office with NNN
For Sale
Contact for pricing
700 Nebraska Ave, Kansas City, KS 66101
An outpatient healthcare tenant occupies the renovated facility under a long-term lease with scheduled rent increases.
Property Size8,400 SF
Price / SF$511.11
Days on Market145
Property Features for 700 Nebraska Ave
General Information
Standard status
Active
Size
8,400 SF
Class
A
Property subtype
Retail, Office
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$289,800
Site & Location
Neighborhood
Riverview
Highway Access
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Opportunity Zone
Yes
Property Use
Medical Office
Building Details
Year Built
2012
Year Renovated
2023
Tenancy
Single
Owner Occupied
No
Listing Agency:
Matthews
Listed By:
Kyle Mackulak · License #CA 02055597
(262) 672-8388
Source:
Crexi
Added: Jun 15
Changed: Nov 4
Last Checked: Jun 19 at 3:35AM
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
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Investment Insights
Based on property information with market context.
The 8,400-square-foot medical office is occupied by Oak Street Health, an outpatient healthcare provider. The tenant renovated the facility in 2023 for its use, and the property is subject to a 17-year NNN lease that began that year. Scheduled rent increases and two five-year renewal options are included.
At 700 Nebraska Avenue in Kansas City, Kansas, the property is near Kansas City Hall, Memorial Hall, and I-70. It is also within a federally designated opportunity zone.
At 700 Nebraska Avenue in Kansas City, Kansas, the property is near Kansas City Hall, Memorial Hall, and I-70. It is also within a federally designated opportunity zone.
Key Highlights
- 8,400‑square‑foot medical office occupied by Oak Street Health
- 17‑year NNN lease commenced in 2023, with scheduled rent increases
- Two 5‑year renewal options
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 66101, KS
13,785
Population
5,995
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
68%
High-School Grad
3.2 sq mi
ZIP Area
4,308
Density / Sq Mi
$38,819
Median Household Income
$31,654
Median Earnings
$789
Median Rent
$77,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - An outpatient healthcare tenant occupies the renovated facility under a long-term lease with scheduled rent increases.
Where is this medical office space located?
The property is located at 700 Nebraska Ave Kansas City, KS.
What is the asking price?
The asking price for this property is $4,293,333.
What are key features of this property?
This property features: 8,400‑square‑foot medical office occupied by Oak Street Health; 17‑year NNN lease commenced in 2023, with scheduled rent increases; Two 5‑year renewal options
