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5703-5713 NW 64th Ter - Picture Hills Professional Bldg #1 3,240 SF Office/Medical Condo Unit Offered at $626,144 in Kansas City, MO 64151
Investment Highlights
- Fully leased medical office condo with two tenants
- Apart of the Picture Hills Condominium Association
- Located in one of the Metro's fastest growing corridors
- 3,240 SF building with a dentist (2,140 SF) and a chiropractor (1,100 SF) tenant
Data Room Click Here to Access
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.25% |
| Sale Type | Investment |
| Cap Rate | 7.25% |
Description
3,240 SF medical office condo with two tenants. Located in one of the Metro's fastest growing corridors.
- Dentist (2,140 SF): Leased through 10/31/2027 with one (1) five (5) year option
- RS Chiropractic (1,100 SF): Leased through 4/30/2031 with annual increases
- Dentist (2,140 SF): Leased through 10/31/2027 with one (1) five (5) year option
- RS Chiropractic (1,100 SF): Leased through 4/30/2031 with annual increases
Sale Notes
Fully leased medical office condo with two tenants (dentist and chiropractor users). Apart of the Picture Hills Condominium Association.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5711-5713 | 3,240 SF | Office/Medical | $626,144 ($193.25/SF) | $45,395.44 |
Unit 5711-5713
| Unit Size |
| 3,240 SF |
| Condo Use |
| Office/Medical |
| Price |
| $626,144 ($193.25/SF) |
| NOI |
| $45,395.44 |
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Unit 5711-5713
| Unit Size | 3,240 SF |
| Condo Use | Office/Medical |
| Price | $626,144 ($193.25/SF) |
| NOI | $45,395.44 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Description | |
| 3,240 SF medical office condo with two tenants. Located in one of the Metro's fastest growing corridors.<br> <br> - Dentist (2,140 SF): Leased through 10/31/2027 with one (1) five (5) year option<br> - RS Chiropractic (1,100 SF): Leased through 4/30/2031 with annual increases</li></ul> | |
| Sale Notes | |
| Fully leased medical office condo with two tenants (dentist and chiropractor users). Apart of the Picture Hills Condominium Association.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,240 SF | Floors | 1 |
| Property Type | Office (Condo) | Typical Floor Size | 3,240 SF |
| Property Subtype | Medical | Year Built | 1986 |
| Building Class | C | Lot Size | 0.85 AC |
| Zoning | OC - Office Condo | ||
| Total Building Size | 3,240 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 3,240 SF |
| Year Built | 1986 |
| Lot Size | 0.85 AC |
| Zoning | OC - Office Condo |
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| PM Sleep Lab |
-
|
Jan 0000
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5703-5713 NW 64th Ter - Picture Hills Professional Bldg #1
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