Office Medical
Grene Vision Group
1408 W Central Ave, El Dorado, KS 67042, El Dorado, KS 67042
Listing Price: $997,000
Investment Overview
Triple Net Lease Structure
Tenant financially responsible for all operating expenses and reimburses Landlord for Management Fee
Growing Network with Strong Regional Presence
Grene Vision Group has 18 offices across the Greater Wichita area and has served the community for over 100 years
Three Years Remaining on Five Year Lease
Extension Executed May 2024 Two Five Year Renewal Options Remaining
Attractive Annual Rental Increases
Rent increases based on CPI adjustment with a cap of 5%
Frontage on Highly Trafficked West Central Ave.
Located in between I-35 and Downtown El Dorado.
Average Daily Traffic count over 15,000 VPD.
Purpose Built Facility – First Generation User
Purpose built for Grene Vision Group and has continuously operated since 2006
Proximity to Major Hospital
Less than one mile from Susan B Allen Hospital Established in 1931 and includes wide range of specialty care along with acute and emergency care.
Grene Vision Group
Investment Highlights
- Triple Net Lease Structure Tenant financially responsible for all operating expenses and reimburses Landlord for Management Fee
- Growing Network with Strong Regional Presence Grene Vision Group has 18 offices across the Greater Wichita area and has served the community for over 100 years
- Three Years Remaining on Five Year Lease Extension Executed May 2024 Two Five Year Renewal Options Remaining
- Attractive Annual Rental Increases Rent increases based on CPI adjustment with a cap of 5%
- Frontage on Highly Trafficked West Central Ave. Located in between I-35 and Downtown El Dorado. Average Daily Traffic count over 15,000 VPD.
- Purpose Built Facility – First Generation User Purpose built for Grene Vision Group and has continuously operated since 2006
- Proximity to Major Hospital Less than one mile from Susan B Allen Hospital Established in 1931 and includes wide range of specialty care along with acute and emergency care.
Broker of Record
Financing By
Listing Price: $997,000
Investment Highlights
- Triple Net Lease Structure Tenant financially responsible for all operating expenses and reimburses Landlord for Management Fee
- Growing Network with Strong Regional Presence Grene Vision Group has 18 offices across the Greater Wichita area and has served the community for over 100 years
- Three Years Remaining on Five Year Lease Extension Executed May 2024 Two Five Year Renewal Options Remaining
- Attractive Annual Rental Increases Rent increases based on CPI adjustment with a cap of 5%
- Frontage on Highly Trafficked West Central Ave. Located in between I-35 and Downtown El Dorado. Average Daily Traffic count over 15,000 VPD.
- Purpose Built Facility – First Generation User Purpose built for Grene Vision Group and has continuously operated since 2006
- Proximity to Major Hospital Less than one mile from Susan B Allen Hospital Established in 1931 and includes wide range of specialty care along with acute and emergency care.
Investment Overview
Triple Net Lease Structure Tenant financially responsible for all operating expenses and reimburses Landlord for Management Fee Growing Network with Strong Regional Presence Grene Vision Group has 18 offices across the Greater Wichita area and has served the community for over 100 years Three Years Remaining on Five Year Lease Extension Executed May 2024 Two Five Year Renewal Options Remaining Attractive Annual Rental Increases Rent increases based on CPI adjustment with a cap of 5% Frontage on Highly Trafficked West Central Ave. Located in between I-35 and Downtown El Dorado. Average Daily Traffic count over 15,000 VPD. Purpose Built Facility – First Generation User Purpose built for Grene Vision Group and has continuously operated since 2006 Proximity to Major Hospital Less than one mile from Susan B Allen Hospital Established in 1931 and includes wide range of specialty care along with acute and emergency care.
Broker of Record
Financing By
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