Fresenius | 3904 6th St
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Fresenius 3904 6th St
4,140 SF Office Building Great Bend, KS 67530 $1,102,993 ($266/SF) 6.85% Cap Rate
Investment Highlights
- Early Lease Extension | +/- 8 Years Remaining
- Leading Operator | Fresenius Medical Care Holdings, Inc.
- Minimal Landlord Responsibilities
- Recession- and Pandemic-Resistant Asset
- Rent Growth | Increase in 2026
- Across from Regional Hospital | KU Health System
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in the land and building of a single-tenant medical clinic located in Great Bend, Kansas (the “Property”).
The Property consists of 1.5 acres and a 4,140-square-foot medical clinic that was built to the exact specifications of the Tenant’s design and building standards in 2001. The Property is located at the intersection of 6th Street and McKinley Street adjacent to the University of Kansas Health System Great Bend Campus. There are nearly 24,000 people living in the fifteen-mile radius earning approximately $71,000 per year in average household income.
The Tenant completed construction in 2001 and strategically selected this site to grow its presence in Great Bend and the surrounding markets. The Tenant recently extended the lease early for an additional five (5) years expiring September 30, 2031, showing commitment to the location and bringing their total operating history to 25 years.
The Property consists of 1.5 acres and a 4,140-square-foot medical clinic that was built to the exact specifications of the Tenant’s design and building standards in 2001. The Property is located at the intersection of 6th Street and McKinley Street adjacent to the University of Kansas Health System Great Bend Campus. There are nearly 24,000 people living in the fifteen-mile radius earning approximately $71,000 per year in average household income.
The Tenant completed construction in 2001 and strategically selected this site to grow its presence in Great Bend and the surrounding markets. The Tenant recently extended the lease early for an additional five (5) years expiring September 30, 2031, showing commitment to the location and bringing their total operating history to 25 years.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,140 SF
Building Class
C
Year Built
2001
Price
$1,102,993
Price Per SF
$266
Cap Rate
6.85%
NOI
$75,555
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,140 SF
Building FAR
0.06
Land Acres
1.50 AC
Zoning
NR02
Parking
20 Spaces (4.83 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $147,295 | |
| Land Assessment | $31,528 | Total Assessment | $178,823 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,528
Improvements Assessment
$147,295
Total Assessment
$178,823
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Scott Briggs -
Kelly Largent -
David Read -
Chad Byerly -
Sarah Martin -
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Fresenius | 3904 6th St
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