HIGHLIGHTS
- In 2023, Oak Street Health was acquired by CVS Health (NYSE: CVS) for approximately $10.6 billion and now operates as a wholly owned subsidiary
- Oak Street Health currently operates more than 230 centers nationwide and continues to expand, with plans to exceed 300 clinics by 2026
- This Kansas City location provides essential outpatient care to an aging, Medicare-eligible population in a medically underserved area
- The property is subject to a 17-year NNN lease commencing in 2023, with scheduled rent escalations and two 5-year renewal options
- This asset generates passive income through a long-term NNN lease with built-in rent growth, minimal landlord responsibilities
- Oak Street Health operates three clinics across the Kansas City metro, reinforcing its scalable care model and long-term commitment to the region
FOR SALE DETAILS
PRICE
$4,293,333 USD
PRICE/SF
$511 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Oak Street Health
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
403900
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262-672-8388
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262-672-8388
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