706 Smiles Ct Augusta, KS 67010
Call to check price and availability
Class A, 100% Occupied, High Cap Rate
Property size:
3,283 SFProperty Features for 706 Smiles Ct
General Information
- Property type
- Medical Office Space
- Square Feet
- 3,283 SF
- Class
- A
- Lot Size
- 20,909 SF
Building Details
- Year Built
- 2011
- Buildings
- 1
Listing Agency: NAI Martens Listing Agent: Nathan Farha, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Class A medical office building, totaling 3,283 square feet, is situated on a 0.48-acre lot in Augusta, Kansas at 706 E Smiles Ct, 67010. Built in 2011, the property boasts a 100% occupancy rate with a long-term lease in place with Grene Vision Group, a subsidiary of EyeCare Partners, a leading national eye care provider. The current annual base rent is $64,276, translating to a compelling 7.56% capitalization rate on the $850,000 asking price. The tenant, with a history of nearly 100 years serving the region, offers a wide range of services including cataract surgery, LASIK, and more, ensuring consistent revenue streams. This property presents a strong investment opportunity, benefiting from its prime location near residences and senior living facilities in north Augusta. The lease includes multiple renewal options, providing long-term stability and predictable income. The property is offered individually, but is also part of a larger portfolio of medical offices. This is a turnkey investment with a proven tenant and strong financial performance.
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Map
- City
- Augusta
- County
- Butler
- State
- Kansas
- Longitude
- -96.970481151844
- Latitude
- 37.706361859335
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Class A, 100% Occupied, High Cap Rate
Where is this medical office space located?
The property is located at 706 Smiles Ct Augusta, KS.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price for a Class A medical office building.; 3,283 square feet on a 0.48-acre lot, built in 2011.; Located in Augusta, Kansas, near residences and senior living.
