Investment Overview

Marcus and Millichap is pleased to bring to market the Veterans Affairs Outpatient Clinic Portfolio, a pair of single-tenant government office buildings fully occupied by the Department of Veterans Affairs. Located in Hutchinson, Kansas, and Parsons, Kansas, the two properties were built-to-suit for VA in 2007 and 2008, according to their specific Outpatient Clinic requirements. VA has also invested around $400k in both buildings over the past several years. The projects involved installing high-speed internet wiring, as well as extensive security upgrades. The projects were also directly funded by the VA, with no lump sum payment required by the owner. Together, the two limestone façade properties offer 16,675 rentable square feet on 5.64 acres of land. They feature tile and shingle roofs and are Energy Star rated. Individually, the Hutchinson Clinic offers 7,443 rentable square feet, and Parsons offers 6,839 rentable square feet. The properties may be acquired together or separately.