3840 75th St 1 Prairie Village, KS 66208-4126

This exceptional investment opportunity presents a portfolio of two medical office buildings totaling 14,134 square feet in Prairie Village, Kansas. Located at 3840 and 3830 West 75th Street, this property boasts a strong 8.02% cap rate and a substantial net operating income (NOI) of $399,618. Currently 100% occupied, the buildings house Physicians' Surgery Center and Mid America Eye Center, both under long-term leases with a weighted average lease term of 6.36 years. The Physicians' Surgery Center, a CMS-accredited facility, includes two operating rooms, a procedure room, and a LASIK suite. Mid America Eye Center offers nine examination rooms, a contact lens room, and a minor procedure room. The property benefits from a strategic location in an affluent suburb of Kansas City, within Johnson County, and enjoys the advantages of a diversified revenue stream from multiple tenants. Built in 1985, this portfolio offers a compelling investment opportunity with a stable tenant base and significant potential for long-term growth. The asking price is $4,983,969. The property is offered as a portfolio or individually. The buildings are situated next to each other, providing convenient access for patients and physicians. The portfolio includes a surgery center, ophthalmic clinic, and an accounting office. The primary tenant, Physicians' Surgery Center, recently signed a new 10-year lease.