2051 East Mary Street

Garden City, KS 67846

Listing ID: 259446

$5,044,000

For Sale

Property Type Office for Sale : Medical
Lot Size Acres 1.220
Building Sq Ft 11,000
Building Price per Sq Ft $458.55
Land Sq Ft 53,143
Land Price per Sq Ft $94.91

2051 East Mary Street | for Sale | Thumbnail 2

Description

CAPITAL PACIFIC is pleased to present the opportunity to acquire a two-tenant Fresenius and Centura medical strip in Garden City, KS.
The tenants are both strong medical operators: Fresenius, an investment grade dialysis company (S&P: BBB) and Catholic Health Initiatives (d/b/a Centura), which operates 101 hospitals and clinics in 18 states, including three academic health centers and major teaching hospitals and 29 critical-access facilities, community health-service organizations and nursing colleges.
THE LEASES are both NN with landlord being responsible for only roof and structure. Fresenius has 10+ years remaining on their corporate guaranteed lease which features annual rental increases and three, 5-year options to extend. Centura has already exercised their 5-year extension option beginning June 1, 2021, which features annual rental increases as well.
THE SUBJECT PROPERTY features standalone visibility and benefits from its proximity to the signalized, hard corner intersection of E Mary and Campus Drive. It is also only 2.5 miles from St. Catherine Hospital, the main hospital in Garden City which is also operated by Centura Health.

Attachments & Files

freseniuscentura-gardencityks-TwZ-a2j.pdf

Listing Demographics for 2051 East Mary Street Garden City, KS 67846

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,426	25,724	29,565
Population Median Age		35	34	34
Population by Age	0-9 Yrs	1079 (16%)	4362 (16%)	5110 (17%)
	10-19 Yrs	964 (15%)	4144 (16%)	4841 (16%)
	20-29 Yrs	1006 (15%)	3944 (15%)	4413 (14%)
	30-39 Yrs	841 (13%)	3484 (13%)	3979 (13%)
	40-49 Yrs	565 (8%)	2517 (9%)	2927 (9%)
	50-59 Yrs	796 (12%)	3054 (11%)	3583 (12%)
	60-69 Yrs	599 (9%)	2336 (9%)	2617 (8%)
	70+ Yrs	576 (8%)	1883 (7%)	2095 (7%)

Median HH Income		$68,700	$60,116	$59,257
Total Household Income	< 24K	287 (11%)	1547 (17%)	1842 (18%)
	25-49K	536 (21%)	2221 (25%)	2490 (24%)
	50-74K	519 (21%)	1687 (19%)	2028 (19%)
	75-99K	403 (16%)	1473 (16%)	1650 (16%)
	100-199K	632 (25%)	1725 (19%)	1915 (18%)
	200K+	79 (3%)	214 (2%)	239 (2%)

Highest Education Level	No Diploma	706	4525	5269
	Diploma or GED	593	3359	3820
	Some College	1219	3528	4087
	Assoc. Degree	351	1207	1351
	Bachelors Degree	707	1651	1799
	Higher Degree	384	973	1076

Total Housing Units		2,576	9,457	10,922
--Owner-Occupied		1,509	5,484	6,273
--Renter-Occupied		947	3,383	3,890
Owner-Occupied Values	< 100K	97	1361	1746
	100-199K	833	2938	3129
	200-299K	416	862	981
	300-399K	103	189	257
	400-499K	38	83	98
	500K+	21	51	62

Total Working Age Population		4,795	18,917	21,584
In Work Force		3,441	13,579	15,620
Not In Work Force		1,354	5,339	5,963
Workforce Employed		3,339	13,040	14,968
Workforce Unemployed		102	534	637
Civlian Workforce		3,441	13,574	15,605
Military Workforce		0	5	15

Total Households		2,456	8,867	10,164
Family Households		1,562	6,028	7,004
Non-Family Households		893	2,839	3,159
Married Couple		1,171	4,234	4,882
Other Family		391	1,794	2,123
Married w/Child		583	2,054	2,369
Single Male w/Child		65	323	393
Single Female w/Child		124	694	855

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Kansas	2,688,418	+6	2,853,118	+5	2,988,194	+5	3,140,008
Finney County	40,523	-9	36,776	-1	36,361	-6	34,076

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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