Single-Tenant Office Medical

Xpress Wellness Urgent Care | 15 Year Absolute Net Lease | 2021 Brand New Construction

1021 Fleming St, Garden City, KS 67846

Listing Price: $2,182,000

Cap Rate
6.65%
Tenant Name
Xpress Wellness Holdings, LLC
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Absolute Net
Rent Per Square Feet
$40.31

Investment Overview

The Sulo Group is pleased to present a Xpress Wellness in Garden City, KS.

Investment Highlights

  • Brand New 2021 Construction
  • Absolute NNN Lease - No Landlord Responsibilities
  • 15 Years Remaining With Annual Increases After Year Three
  • Positioned at Hard Corner Stop Light Intersection
  • Healthcare - Essential and Recession Proof Industry
  • Urgent Care Industry Grew by 9.6 Percent in 2019 With Over 9,616 Centers

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

Single-Tenant Office Medical

Xpress Wellness Urgent Care | 15 Year Absolute Net Lease | 2021 Brand New Construction

Listing Price: $2,182,000

Cap Rate
6.65%
Tenant Name
Xpress Wellness Holdings, LLC
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Absolute Net
Rent Per Square Feet
$40.31

Investment Highlights

  • Brand New 2021 Construction
  • Absolute NNN Lease - No Landlord Responsibilities
  • 15 Years Remaining With Annual Increases After Year Three
  • Positioned at Hard Corner Stop Light Intersection
  • Healthcare - Essential and Recession Proof Industry
  • Urgent Care Industry Grew by 9.6 Percent in 2019 With Over 9,616 Centers

Investment Overview

The Sulo Group is pleased to present a Xpress Wellness in Garden City, KS.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

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