Grene Vision Group Portfolio
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Grene Vision Group Portfolio
6 Office Properties Offered at $23,000,000 in Multiple Locations
Investment Highlights
- Premier locations in and around Wichita, Kansas with Class A finishes
- Strong medical tenant in long-term established locations
- Years Built: 2000 - 2016
- 100% occupied with all lease renewals through 2029 with options to extend
- Total Square Feet: 79,529 SF
- Purchase Price: $23,000,000
Executive Summary
This Grene Vision Group portfolio includes six medical offices throughout Wichita, Andover, Augusta, and Anthony, Kansas, ranging from approximately 3,300 SF to 30,000 SF, with Class A finishes. The current tenants have leased these spaces for several years and have elected to renew for five more years, with more renewal options in their existing lease.
Grene Vision Group is a part of EyeCare Partners, the nation’s leading provider of clinically integrated eye care. Grene Vision Group, has served south-central Kansas for nearly 100 years and have established a tradition of professional excellence, offering services such as cataract surgery, cornea treatment, LASIK, pediatric care, optical services, cosmetic services, and more.
*Properties may be purchased individually.
Grene Vision Group is a part of EyeCare Partners, the nation’s leading provider of clinically integrated eye care. Grene Vision Group, has served south-central Kansas for nearly 100 years and have established a tradition of professional excellence, offering services such as cataract surgery, cornea treatment, LASIK, pediatric care, optical services, cosmetic services, and more.
*Properties may be purchased individually.
Property Facts
| Price | $23,000,000 | Number of Properties | 6 |
| Price / SF | $289.20 / SF | Individually For Sale | 5 |
| Cap Rate | 6.88% | Total Building Size | 79,529 SF |
| Sale Type | Investment | Total Land Area | 7.18 AC |
| Status | Active |
| Price | $23,000,000 |
| Price / SF | $289.20 / SF |
| Cap Rate | 6.88% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 5 |
| Total Building Size | 79,529 SF |
| Total Land Area | 7.18 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3910 N Ridge Rd, Wichita, KS 67205 | Office | 16,875 SF | 2016 | $5,600,000 |
|
Grene Vision Group
1277 N Maize Rd, Wichita, KS 67212 |
Office | 16,370 SF | 2014 | $4,950,000 |
| 135 S Andover Rd, Andover, KS 67002 | Office | 6,194 SF | 2000 | - |
| 1851 N Webb Rd, Wichita, KS 67206 | Office | 29,900 SF | 2003 | $10,000,000 |
| 706 Smiles Ct, Augusta, KS 67010 | Office | 3,283 SF | 2011 | $850,000 |
| 115 W Main St, Anthony, KS 67003 | Office | 6,907 SF | 2016 | $700,000 |
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