4201 Anderson Ave - Medical FOR SALE
Manhattan, KS 66503 |
$2,314,010 USD
818-923-6366
4201 Anderson Ave
Manhattan, KS 66503
HIGHLIGHTS
- Best In Class Tenant: US Oral Surgery Management is one of the largest specialty focused dental organizations in the country.
- NNN Lease Structure: The NNN lease structure offers a nearly passive investment opportunity for both local and national investors.
- 5 Year NNN Lease: The tenant executed a brand new 5 Year lease in March 2023 with 3% annual rental increases.
- Strategic Location: The property is in a recently constructed medical office park, surrounded by other medical and dental specialties.
- Kansas State University Proximity: The property is less than 10 minutes from Kansas State University, with over 21,000 students.
- Robust Demographics: The average household income is over $110,000 in a 1-mile radius, and the 5-mile population exceeds 60,000 residents.
FOR SALE DETAILS
PRICE
$2,314,010 USD
PRICE/SF
$106 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
NNN Oral Surgery & Implant Center | 8.5% Cap
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Day Care Center, Fast Food, Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.26 AC
LAND SF
185,613 SF
ZONING
-
APN/PARCEL ID
212-10-0-00-00-005.00-0
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818-923-6366
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818-923-6366
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