3910 Northridge Rd Wichita, KS 67205
- Office Properties & Spaces
- 16,875 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 3910 Northridge Rd
- Year built
- 2016
- Property size
- 16,875 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a 16,875 square foot, Class A medical office building located at 3910 North Ridge Rd, Wichita, Kansas, 67205. Built in 2016, the property sits on a 22,433 square foot lot and boasts 100% occupancy with a reputable medical tenant under a lease extending through 2029, including options for renewal. The asking price is $5,500,000, translating to $325.93 per square foot. The building features modern finishes and benefits from convenient access to Highway K-96, situated within a thriving medical district surrounded by numerous other medical practices. The current lease boasts a rate of $22.77 per square foot annually. The property is zoned for general office use and is offered as a sale-leaseback transaction, providing a stable income stream for the buyer. The sale is contingent upon the leaseback agreement, with occupancy continuing until August 15, 2024. This presents a rare opportunity to acquire a high-performing, fully occupied medical office building in a prime Wichita location. The property's strong tenant history and long-term lease provide significant investment security and potential for future appreciation. This is an ideal investment for those seeking a stable, high-return asset in the growing Wichita healthcare market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.4256
- Latitude
- 37.7544
