1277 Maize Rd Wichita, KS 67212
- Office buildings
- 16,338 SF
- 2.18 lot acres
Current Use by Public Records
- Dr. Mark L. Wellemeyer, MD / Ophthalmologist
- Christie L. Rose, OD, FAAO / Doctor / Optometrist
- Charles R. Whitfill, MD / Ophthalmologist / Doctor
- Terria L. Winn, MD / Ophthalmologist / Doctor
- Michele M. Riggins, MD / Ophthalmologist / Doctor
Property Details for 1277 Maize Rd
- Year built
- 2014
- Construction
- FRAME
- Lot size
- 2.18 lot acres
- Property size
- 16,338 SF
- Property type
- Office buildings
- APN
- 087-134-18-0-11-05-002.00
- APU
- 87134180110500200
Description
This exceptional Class A medical office building, totaling 16,370 square feet, is situated on a 2.18-acre lot (94,961 square feet) in northwest Wichita at 1277 N Maize Rd, zip code 67212, Sedgwick County, Kansas. Built in 2014, the property boasts a 100% occupancy rate with a long-term lease in place with Grene Vision Group, a leading provider of eye care services. The current annual base rent is $343,602, translating to a monthly rent of $28,633, or approximately $20.99 per square foot. The asking price is $4,950,000, representing a compelling 6.94% capitalization rate. This property offers a stable investment opportunity with a strong tenant and significant potential for future growth. The building is located on a prominent Maize Road, near residential areas, ensuring high visibility and accessibility. This property is available for individual purchase or as part of a larger portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.4634
- Latitude
- 37.7062
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
