7111 E 21st St | Wichita, KS 67206
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7111 E 21st St
Wichita, KS 67206
REIT Sale | Renovated MOB with High Yield · Office Property For Sale
Investment Highlights
- This institutionally maintained MOB has received extensive CapEx and is currently 86% occupied, housing the operations center for anchor tenant PCA.
- This exceptional investment offers a strong going-in NOI and the upside to lease vacancies boasting second-generation clinical build-outs.
- Along with a new roof in 2017 (2025 warranty), ownership has invested over $872K to update the common areas, parking lot asphalt, HVAC units, & more.
- Sitting 4 miles from Wesley Medical Center and 1 mile from Wesley Woodlawn Hospital, tenants have strong synergy with many nearby medical providers.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
39,587 SF
Building Class
C
Year Built/Renovated
1980/1996
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
39,587 SF
Building FAR
0.19
Lot Size
4.82 AC
Parcel Numbers
Zoning
GO - General Office
Amenities
- Signage
- Storage Space
- Reception
- Secure Storage
- Air Conditioning
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