3830 W 75th St - Mid America Eye Center & SmartSpot
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3830 W 75th St - Mid America Eye Center & SmartSpot
8,986 SF Health Care Building Offered at $2,580,000 at a 8.75% Cap Rate in Prairie Village, KS 66208
EXECUTIVE SUMMARY
Jennifer Stein Real Estate, Inc. in association with ERE Healthcare Real Estate Advisors (“ERE Advisors”) exclusively represents the owners of 3810 & 3830 West 75th Street, Prairie Village, KS 66208 (“the property”) in the sale of their facility, which is occupied by Mid America Eye Center (“Mid America Eye”) and SmartSpot. The subject property encompasses approximately 8,986 square feet of space.
The Mid America Eye Center/ SmartSpot condo offers a prime opportunity in the heart of Prairie Village, Kansas— just 10 miles south of downtown Kansas City. This thriving ophthalmology practice is strategically positioned in a vibrant and accessible location, surrounded by a mix of medical, retail, and residential areas that attract a diverse clientele. With nearly 25 years of serving the Kansas City MSA, Mid America Eye Center has become a trusted healthcare destination, known for its exceptional care and commitment to the local community.
Mid America Eye Center’s success attracted the attention of Vision Integrated Partners (VIP), a medical practice and ambulatory surgery center management company, which partnered with Mid America Eye Center in 2020. VIP, backed by The Firmament Group, was founded two decades ago and has since expanded to manage over 60 clinic and surgery center locations across the United States.
At the close of escrow, the selected purchaser will assume the existing leases with Mid America Eye & Smart Spot who have a combined WALT of 2.76 years.
The Mid America Eye Center/ SmartSpot condo offers a prime opportunity in the heart of Prairie Village, Kansas— just 10 miles south of downtown Kansas City. This thriving ophthalmology practice is strategically positioned in a vibrant and accessible location, surrounded by a mix of medical, retail, and residential areas that attract a diverse clientele. With nearly 25 years of serving the Kansas City MSA, Mid America Eye Center has become a trusted healthcare destination, known for its exceptional care and commitment to the local community.
Mid America Eye Center’s success attracted the attention of Vision Integrated Partners (VIP), a medical practice and ambulatory surgery center management company, which partnered with Mid America Eye Center in 2020. VIP, backed by The Firmament Group, was founded two decades ago and has since expanded to manage over 60 clinic and surgery center locations across the United States.
At the close of escrow, the selected purchaser will assume the existing leases with Mid America Eye & Smart Spot who have a combined WALT of 2.76 years.
PROPERTY FACTS
| Price | $2,580,000 | Lot Size | 0.22 AC |
| Price Per Bed | $2,580,000 | Building Size | 8,986 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 8.75% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 1985 |
| Building Class | C |
| Price | $2,580,000 |
| Price Per Bed | $2,580,000 |
| Sale Type | Investment |
| Cap Rate | 8.75% |
| Property Type | Health Care |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 8,986 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 1985 |
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PROPERTY TAXES
| Parcel Number | OP645100EB-0U01C | Improvements Assessment | $296,763 |
| Land Assessment | $49,113 | Total Assessment | $345,876 |
PROPERTY TAXES
Parcel Number
OP645100EB-0U01C
Land Assessment
$49,113
Improvements Assessment
$296,763
Total Assessment
$345,876
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3830 W 75th St - Mid America Eye Center & SmartSpot
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