2031 W 6th Ave - Medical FOR SALE


Emporia, KS 66801
$2,279,000 USD
805-889-7837
2031 W 6th Ave, Emporia, KS for Sale
$2,279,000 USD
Medical - FOR SALE
1/4
null | 7% Cap Rate

2031 W 6th Ave
Emporia, KS 66801


HIGHLIGHTS

  • Brand-New 2023 Construction – Grand opening in August 2023
  • 13+ Year Absolute NNN Lease – Zero landlord responsibilities
  • 1.25% Annual Rent Increases – Beginning in Year 3

OVERVIEW

Helios Investment Services is pleased to present the Xpress Wellness Urgent Care in Emporia, KS, for sale. This 3,000 SF medical facility is a brand-new 2023 construction, featuring a long-term 13+ year Absolute NNN lease with zero landlord responsibilities and a corporate guarantee from Xpress Wellness Holdings, LLC. Strategically positioned at 2031 W 6th Ave, Emporia, KS, this property benefits from strong demographics, with over 23,979 residents within a 3-mile radius and an average household income of $61,837. The area is a thriving regional hub, located at the intersection of U.S. Route 50 and Interstates 335 & 35, providing excellent connectivity. Investment security is enhanced with Goldman Sachs (NYSE: GS) acquiring Xpress Wellness Urgent Care in May 2024, reinforcing the tenant's ability to expand and operate successfully in existing and new geographic markets. This is a hands-off, passive investment opportunity backed by a corporate tenant with a history of growth and stability. The property is surrounded by major national retailers including Tyson Fresh Meats, Sherwin-Williams, Ace Hardware, Wendy’s, Taco Bell, Dairy Queen, and more, ensuring high visibility and consumer traffic.

FOR SALE DETAILS

PRICE

$2,279,000 USD

PRICE/SF

$760 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Xpress Wellness Urgent Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

-

APN/PARCEL ID

195-16-0-20-05-002.01-0

ASK ABOUT THIS PROPERTY

Kaveh EbrahimiHelios Investment ServicesMore Info
805-889-7837

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Kaveh EbrahimiHelios Investment ServicesMore Info
805-889-7837

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