919 Minnesota Ave, Kansas City, KS

Listing agent Kyle Mackulak Show Phone

Listing office Matthews Real Estate Investment Services Show Phone

Listing date Aug 22, 2023

Source Moodyscre

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Overview

This property features a freestanding medical office building occupied by Fresenius Medical Care, the largest provider of renal care in the United States and worldwide. Fresenius Medical Care has a net worth exceeding $22.5 billion and holds an investment-grade credit rating of "BBB Stable" from S&P. The property offers 8,605 square feet of space. The lease includes annual rent escalations of 1.5% beginning in the fourth year of the base term.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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• Local Demand

City

Kansas City

County

Wyandotte

State

Kansas

Longitude

-94.6335

Latitude

39.1152

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FAQs

What type of property is this?

Medical Office Space - Freestanding medical office building with investment-grade tenant, Fresenius Medical Care.

Where is this medical office space located?

The property is located at 919 Minnesota Ave Kansas City, KS.

What is the asking price?

The asking price for this property is $2,796,625.

What are key features of this property?

This property features: Investment‑grade tenant: Fresenius Medical Care, with a net worth exceeding $22.5 billion and an S&P credit rating of “BBB Stable”.; Annual escalations: Rent increases 1.5% annually starting in the 4th year, hedging against inflation.; Tenant is the largest provider of renal care in the United States and worldwide.