101 E Fulton St - Health Care FOR SALE


Garden City, KS 67846
$975,000 USD
316-867-3600
101 E Fulton St, Garden City, KS for Sale
$975,000 USD
Health Care - FOR SALE
1/87
null | Request Cap Rate

101 E Fulton St
Garden City, KS 67846


HIGHLIGHTS

  • Central Business District - Heavy Foot Traffic
  • Near Amtrak station

OVERVIEW

LOCATION LOCATION LOCATION!!!! Don't miss this opportunity to acquire the hard corner of Fulton & Main St with a 9,430 SF medical office building constructed in 1999 with a concrete parking lot sitting on .48 acre lot (21,000 SF) This multi purpose medical building is situated in the central business district, on the main street thoroughfare, on a treed lot, right in the mix of shopping, services and nearby the Amtrak station. Approximately half the building (4,959 SF) is currently owner occupied, and the other half (approximately 4,471 SF) is recently leased to a Accelacare, a physical therapy tenant generating $59,461 annually on an annual year to year lease that expires April 30, 2026 with renewal option. If renewed, the annual rent increases to $61,840 expiring 4/3/2027. The sellers are in a flexible position to consider vacating their approximately 4,959 SF portion of the space if this suits new ownership, or would entertain a lease-back option for their utilization areas which are reception room, waiting room, radiology and clinical rooms. Building features: approximately 12 Exam Rooms, 6 Offices, 1 Conference Room, 1 Kitchen / Break Room, 1 Employee Locker Room, 3 Reception Areas and 2 Nurses Stations. The physical therapy space features a weight and resistance training room. Regarding utility services, the landlord pays 30% and tenant pays 70% of the following: electricity, water, natural gas, sewer, trash, standard florescent lighting fixtures, snow & ice removal and parking lot clean up. Regarding business services, the tenant is responsible for arranging and paying the following: interior cleaning, pest control, telephone, internet and Wi-Fi. In regards to insurance, the tenant is responsible for paying for commercial general liability insurance and the landlord carries the policy covering loss or damages to the building, but tenant is responsible for insuring their equipment and / or personal property.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

9,430+/- SF Medical Building - Garden City KS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,000 SF

ZONING

C3

APN/PARCEL ID

274-18-0-40-20-011.00-0

ASK ABOUT THIS PROPERTY

Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

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Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.