11755 112Th StOverland Park, KS 66210

For Sale
$2,672,000

Owner-user opportunity, HCA tenancy.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 13,360 square foot medical office building presents a unique owner-user opportunity in Overland Park, Kansas. Located at 11755 W 112th St, this two-story building boasts a prime location within a thriving medical corridor, offering easy access to major transportation routes and a densely populated residential area. Currently 38.2% occupied by College Park Family Care Center, a subsidiary of HCA Midwest Health, this property features approximately 8,256 square feet of readily available space. The existing tenant enjoys an investment-grade credit rating and a 5-year lease commencing September 1, 2023, with a 3% annual rent bump. The building, constructed in 1985 and extensively renovated in 2022, includes modern amenities such as a lobby, conference space, breakroom, exam rooms, and numerous offices. The property sits on a 0.82-acre lot and provides ample parking with 50 spaces. Zoned CPO, this building benefits from strong demographics, with over 106,000 households within a 5-mile radius boasting an average household income exceeding $112,000. Its proximity to Johnson County Rehabilitation Hospital and Kansas City International Airport further enhances its desirability. This is an ideal opportunity for a medical practice seeking to establish or expand its presence in a high-demand market, alongside a reputable, established tenant. The building's recent renovations and strong tenant base make this a compelling investment.

Highlights

  • 11755 W. 112th Street is a 13,360-square-foot, two-story medical office building (MOB) in Overland Park, KS, with approximately 8,256 square feet of clinical office space available for lease.
  • Owner-user opportunity available; building partially occupied by an investment-grade credit tenant.
  • Partially occupied by College Park Family Care Center, a multi-specialty practice group within the HCA Midwest Health network.
  • Value-add opportunity with below-market rents and potential for NOI growth through lease renewals and expense recovery adjustments.
  • Located in the Kansas City MSA, the nation's 31st largest, with a population exceeding 2.3 million.
  • Anchored by HCA Midwest Health, the Kansas City area's largest healthcare provider.

Property Details for 11755 112Th St

Property type
Other office properties, Medical offices
Square Feet
13,360 SF
Year Built/Renovated
1985/2022
Buildings
1
Stories
2
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Overland Park
County
Johnson
State
Kansas
Latitude
38.9254902
Longitude
-94.7190773
11755 112Th St, Overland Park, Kansas

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11755 112Th St
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