


9341 E 21st St N
Wichita, KS
Price:
$3,649,051
Cap Rate:
5.75%
NOI:
$209,820
Ownership Type:
Fee Simple
Building Size:
8,342
Lot Size:
1.24 Acres
Lease Type:
Absolute NNN
Term Remaining:
12 Years
Rent Increases:
Annual CPI (1% Min - 2% Max)
Lease Options:
4, 5 Year
Guarantor:
Corporate
The vast majority of single tenant dialysis properties operate under double net leases that require landlords to maintain certain capital improvements such as the roof, structure and parking lot. The subject property offers a very rare absolute NNN lease for a corporately guaranteed single tenant dialysis property with no management or maintenance responsibilities whatsoever.
The subject property benefits from a dense concentration of national retailers, regional medical specialists, senior living communities and high-end residential communities surrounding it: Walmart Supercenter, Target, Whole Foods, Walgreens, Hobby Lobby, Academy Sports, Dick’s Sporting Goods, Best Buy, Menard’s, and many more.
Within a 1-mile radius, the average household income is $109,656, and the 5- mile population exceeds 152,893. Wichita has experienced steady growth with a 2.1% population increase from 20202 through 2024.
View OMSubmit To View OMSenior Managing Director, Investments
(925) 989-8198
jason.hernandez@marcusmillichap.com
Investment Sales
(203) 962-2042
jack.oneill@marcusmillichap.com
Associate
(901) 612-0515
jackson.lyons@marcusmillichap.com