INCOME PRODUCING MEDICAL OFFICE WITH FUTURE VERSATILITY Immediate Cash Flow with Potential Conversion IMMEDIATE INCOME VIA 24 MONTH LEASEBACK This is a rare “de-risked” investment opportunity in the heart of Wichita’s medical district. The current medical tenant intends to lease back the facility for approximately 24 months following the sale. This provides a new owner with immediate cash flow while evaluating future conversion options. Irreplaceable Location: Directly north of the region’s largest hospital campus. Specialized Infrastructure: 8,477 sq ft high-spec medical building featuring a surgery suite. Multi-Family Zoning: Zoning allows conversion to apartments or short-term rentals (such as Airbnb). Traditional Build: Lobby, offices, and exam rooms are featured inside. PHASE 1: STABLE MEDICAL INVESTMENT Surgery Suite: Equipped for outpatient procedures. Clinical Flow: Efficient layout including multiple exam rooms, nurse stations, and administrative offices. Physician Hub: Directly adjacent to Ascension Via Christi St. Francis, providing unmatched convenience for hospital-affiliated staff. Utilize the current high-value medical build-out during the leaseback period: PHASE 2: ADAPTIVE RE-USE POTENTIAL Apartment Conversion: The 8,477 sq ft footprint is ideal for reconfiguring into a multi-unit apartment building. Short-Term Rental / Airbnb: Extreme demand exists for medical-adjacent housing. This location is perfectly situated for: Traveling nurses and medical residents. Families of patients undergoing long-term care at St. Francis. Corner Lot Utility: On-site parking and high visibility make this a premier site for residential tenants. Following the leaseback period, the Multi-Family Zoning opens diverse exit strategies