Ridgewood Medical Building at 4013 N Ridge Road in Wichita is a distinguished Class B, multi-tenant office building spanning 32,063 square feet. This property ensures stable returns by boasting a 100% occupancy rate with long-term NNN leases. Sun-drenched interiors with ample floor-to-ceiling windows complement high ceilings and flexible floor plans, creating spacious, multi-purpose spaces ideal for diverse tenant needs.
The building features modern amenities, including an automated HVAC system and convenient key card access, ensuring convenience and security. Recently resurfaced, the parking lot offers ample space for tenants, patients, and visitors with easy access to Ridge Road. A generously sized back lot also provides potential for future expansion or development.
In the thriving NW Wichita medical corridor, Ridgewood Medical Building benefits from high traffic counts at the Ridge Road and Kansas Highway 96 intersection, averaging over 20,000 vehicles daily. Noteworthy tenants such as Ridgewood Surgery Center, Ascension Medical Surgical Specialists, Wichita Dermatology, and Revive & Thrive Mental Wellness underscore its appeal as a hub for healthcare professionals.
4013 N Ridge Road enjoys connectivity to major hubs and amenities at New Market Square and Downtown Wichita, minutes from Wichita Dwight D. Eisenhower National Airpot (ICT). Investors will appreciate the 7.3% capitalization rate, offering a robust investment structure in an area projected to grow by 3.27% by 2029 within a 1-mile radius.
Wichita, the largest city in Kansas and central to a dynamic metropolitan area, is renowned for its advanced regional healthcare services, corporate headquarters, and vibrant community, drawing a diverse population across the nation. The Ridgewood Medical Building presents a prime opportunity to invest in a thriving market with substantial growth potential and enduring tenant demand.