1601 KS-66 - Medical Center for Sale 18,054 SF Health Care Building Offered at $7,150,000 at a 7.70% Cap Rate in Galena, KS 66739

Contact: Ludwigpk888@yahoo.com
A Great and Passive Investment. Medical Building for Sale, 100% leased for the next 17 years. Absolute NNN lease. Galena, KS. Great tax depreciation as well.
Master Leased Medical Campus: Lease guaranteed by American Medical Administrators (AMA). $39M in revenue projected for 2024 with 29 clinics, pharmacies, and labs across the USA.
Zero Landlord Maintenance: AMA backed 20-year Absolute NNN Lease with 2% annual escalations. The existing lease has 17 years remaining.
Strategic Location: Medical HUB. Shadow Anchored by 3 Mercy Hospital locations, healthcare giant who serves 2.7M patients annually across 7 states.
Purchasing this building can save you between $1.0 million and $1.6 million in income taxes in 2026.
Complimentary Tenant Mix: 18,054 sq ft of buildings consists of 3 buildings housing 4 tenants - a medical clinic, a pain clinic, a medical spa, and a drive-thru pharmacy.
Great Accessibility: Campus is located on US Route 66 with 14,000 VPD and a strong regional draw, located on the Kansas-Missouri border and 8 miles north of Oklahoma.
PROPERTY PROFILE: The property features an Original 20-year lease and this existing lease has 17 years remaining, with an Absolute NNN/zero landlord responsibility lease providing a truly passive investment with 2% annual escalations as a strong hedge against inflation. The rent bumps create compelling cash flows and an asset guaranteed to grow net operating income.
Building: 18,054 sq ft
Lot Size: 2.59 Acres
Rent/SQFT: $29.21
Price $7,149,000
Lease: 17-years Absolute NNN Lease with 2% annual escalations.
Annual Income (NOI) as of now: $550,800.00
Cap Rate 7.69%
Investor Down Payment – 25-30% or All Cash Offer
TENANT PROFILE: American Medical Administrators, Inc (“AMA”), an integrated healthcare conglomerate with more than $31M in revenue in 2023, and $39M in projected revenue for 2024. AMA currently has 29 clinics, pharmacies, and labs across the nation as well as Remote Patient Monitoring and Durable Medical Equipment sales. AMA is headquartered in St. Louis, MO with locations spread across the South and Midwest. They are growing quickly with 30 additional acquisitions planned over the next 12 months. This particular location will house a single master lease for a family medicine clinic, a pain management clinic, a pharmacy, as well as a subleased medical spa.
A well-known cost segregation services company, which has completed over 60,000 studies across all 50 states, contacted me regarding this property. They indicated that the building may qualify for 100% bonus depreciation in the 2026 tax year. Based on their analysis, utilizing bonus depreciation could potentially provide buyers with an estimated $1.0 to $1.6 million in income tax deductions (Accelerating the depreciation on these buildings, buyers will LOWER their total net income by $1.0 to $1.6 Million).
Not all real estate investors are aware of this method, and even fewer commercial brokers are telling their investors of this method!
Direct contact information for the company will be made available to any serious buyer with an offer, who wishes to speak with them directly.
Please see the NDA attached to fill out, sign and email me back with POF – Proof of Fund for Down Payment or for All Cash Purchase.
Email: Ludwigpk888@Yahoo.com
If you have any other questions, don’t hesitate to call me at anytime.