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Grene Vision Group Medical Office 706 Smiles Ct 3,283 SF Office Building Augusta, KS 67010 $850,000 ($258.91/SF) 7.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Building Square Feet: 3,283 SF
- Site Size: 20,909 SF (0.48 Acres)
- Current Base Rent: Annual - $64,276 / Monthly - $5,356 / Per SF: $19.58
- Year Built: 2011
- Located in north Augusta on prominent Ohio St. near residences and senior living
- Purchase Price: $850,000
EXECUTIVE SUMMARY
This Class A medical office is leased to EyeCare Partners DBA Grene Vision Group. The current tenant has leased this space for several years and has elected to renew for five more years, with more renewal options in their existing lease.
Grene Vision Group is a part of EyeCare Partners, the nation’s leading provider of clinically integrated eye care. Grene Vision Group, has served south-central Kansas for nearly 100 years and have established a tradition of professional excellence, offering services such as cataract surgery, cornea treatment, LASIK, pediatric care, optical services, cosmetic services, and more.
*This property may be purchased individually, or as part of a portfolio of six medical offices in and around Wichita, KS
Grene Vision Group is a part of EyeCare Partners, the nation’s leading provider of clinically integrated eye care. Grene Vision Group, has served south-central Kansas for nearly 100 years and have established a tradition of professional excellence, offering services such as cataract surgery, cornea treatment, LASIK, pediatric care, optical services, cosmetic services, and more.
*This property may be purchased individually, or as part of a portfolio of six medical offices in and around Wichita, KS
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,283 SF
Building Class
B
Year Built
2011
Price
$850,000
Price Per SF
$258.91
Cap Rate
7.56%
NOI
$64,276
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,283 SF
Building FAR
0.16
Lot Size
0.48 AC
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PROPERTY TAXES
| Parcel Number | 296-14-0-20-18-003-00-0 | Improvements Assessment | $109,988 |
| Land Assessment | $19,258 | Total Assessment | $129,246 |
PROPERTY TAXES
Parcel Number
296-14-0-20-18-003-00-0
Land Assessment
$19,258
Improvements Assessment
$109,988
Total Assessment
$129,246
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Grene Vision Group Medical Office | 706 Smiles Ct
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