
2-Tenant Med Office - Fox Point, WI
7950 N Port Washington Rd, Fox Point, WI, 53217-3131, US
¥726,049,000 | 1,449 ㎡
Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to present qualified investors with the opportunity to acquire the fee simple interest the Westmed Medical Building (“Westmed MOB” or the “Property”), a 24,624 square foot outpatient medical building located in Kansas City, Kansas. The Property is 100% occupied by Sunflower Medical Group (“Sunflower”) under a 15-year triple net lease with with contractual rent escalations of three percent annually.
Westmed Medical Building was constructed in 2004 and is host to a mix of medical uses such as primary care, cardiology, urgent care, audiology, physical therapy, a women's clinic, and a pharmacy. Situated adjacent to Parallel Parkway, the Property has direct access Providence Medical Center (2.9 miles), I-435 (1.0 mile), and the Kansas City International Airport (22.0 miles). The Kansas City MSA consistently ranks within the top 35 MOB markets in the U.S.
Sunflower Medical Group operates four convenient urgent care locations across the Kansas City metro area (Roeland Park, KCK, Lenexa West/Prairie Star, and Lenexa East), offering comprehensive healthcare services including primary care, urgent care, obstetrics and gynecology, laboratory tests, x-rays, EKGs, ultrasounds, vascular screens, and bone density tests. The practice specializes in internal medicine, family practice, pediatrics, and obstetrics/gynecology, with newly added OB & prenatal services provided by specially trained physicians.
With a stable tenant and ideal location, Westmed Medical Building offers an investor a desirable long-term cash flow stream from a tenured healthcare provider in Kansas City. The Property will be conveyed fee simple and free of any mortgage encumbrances.