3904 6th St Great Bend, KS 67530-9775
- Medical offices
- 4,140 SF
- 1.50 lot acres
Current Use by Public Records
- Medical offices
Property Details for 3904 6th St
- Year built
- 2001
- Lot size
- 1.50 lot acres
- Property size
- 4,140 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 189-32-0-20-03-005.00-0
- APU
- 1893202003005000
Description
This fee-simple investment opportunity presents a 4,140 square foot medical office building in Great Bend, Kansas. The property, built in 2001 on a 1.5-acre lot, is a single-tenant, net-leased facility occupied by Fresenius Kidney Care. The current lease, with a remaining term of approximately 6.9 years, extends to September 30, 2031, and includes a rent increase in 2026 and lease options for one and five years. The building features 20 parking spaces and is strategically located at the intersection of 6th Street and McKinley Street, adjacent to the University of Kansas Health System Great Bend Campus, and near a retail corridor. The property boasts a 6.85% cap rate, a $75,555 net operating income (NOI), and an asking price of $1,102,993 ($266.42 per square foot). The tenant, Fresenius Kidney Care, has a long-standing presence at this location, having completed construction in 2001 and recently extending their lease. This investment offers a stable, recession-resistant asset with minimal landlord responsibilities, benefiting from the tenant's strong financial position and the growing healthcare industry. The property's location within a community with a strong average household income further enhances its investment appeal. The building is a one-story structure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Great Bend
- County
- Barton
- State
- Kansas
- Longitude
- -98.7921
- Latitude
- 38.3572
- CBSA code
- 24460
- CBSA name
- GREAT BEND, KS MICROPOLITAN STATISTICAL AREA
