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4851-4861 W 134th St

2,700 SF Office/Medical Condo Unit Offered at $858,600 in Leawood, KS 66209

Investment Highlights

  • Tenant Investment in Location: Dental support organizations rarely relocate due to high build-out costs
  • Streamlined Expansion: Southern Orthodontic Partners expands by acquiring existing practices that are already established within the community.
  • Scheduled Rental Increases: 2% annual rental increases provide a future owner a boost in cash flow and return on their investment
  • Ideal Investment: This deal has a low barrier to entry for investors because of its attractive price point and high return.
  • Best-in-Class Tenant: Southern Orthodontic Partners is one of the largest specialized dental companies in the US with 85+ locations across 31 states.
  • Strategic Location: The property is situated in an affluent and densely populated area, with an average household income exceeding $172K

Property Facts

Price $858,600
Unit Size 2,700 SF
No. Units 1
Total Building Size 5,411 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 2,700 SF
Year Built 2006
Tenancy Single
Lot Size 0.14 AC
Parking Ratio 7.41/1,000 SF

1 Unit Available

Unit A

Unit Size 2,700 SF
Price $858,600
Price Per SF $318.00
Condo Use Office/Medical
Sale Type Investment
Cap Rate 8.50%
NOI $72,981
APN/Parcel ID HP90580000-0U02
Description

Double Net Leased Investment opportunity with +/- 3 years remaining on lease offering 3, 5-year options.

Sale Notes

Broker of Record
Kyle Matthews
License No. #CO00002672 (KS)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Amenities

  • Central Heating
  • High Ceilings
  • Natural Light
  • Drop Ceiling
  • Air Conditioning

zoning

Zoning Code MXD (Mixed Use District)
MXD (Mixed Use District)
  • Listing ID: 33933091

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 4851-4861 W 134th St, Leawood, KS 66209

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