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Englewood Medical Center 101 NW Englewood Rd 25,607 SF 100% Leased Office Building Gladstone, MO 64118 For Sale
INVESTMENT HIGHLIGHTS
- Strong submarket demographics, with population growth above the national average and excellent school districts
- Strategically located along retail corridor, one block away from brand new Price Chopper
- High credit tenants including University of Kansas Hospital Authority, Easter Seals, and QC Kinetix
- 100% occupied by medical tenants, with 5.9+ Year WALT
- Great interstate access to Highway 169, I-35 and I-29
EXECUTIVE SUMMARY
Newmark Zimmer Midwest Capital Markets (NZ), as exclusive advisor, is pleased to present the opportunity to acquire the fully occupied Englewood Medical Center (the “Property”), a ±25,607-square-foot multi-tenant medical office building located at 101 NW Englewood Road, Gladstone, Missouri 64141.
The Property is currently 100% leased to five tenants with a weighted average lease term of 5.9 years and attractive NOI growth through contractual rent increases. Constructed in 1999, the Property is situated on a 4.23 acre parcel with ample surface parking for tenants and visitors. Englewood Medical Center is centrally located within the rapidly growing Northland submarket offering exceptional regional access with proximity to I-35 and I-635, Missouri Highways 69 and 169.
The Property is currently 100% leased to five tenants with a weighted average lease term of 5.9 years and attractive NOI growth through contractual rent increases. Constructed in 1999, the Property is situated on a 4.23 acre parcel with ample surface parking for tenants and visitors. Englewood Medical Center is centrally located within the rapidly growing Northland submarket offering exceptional regional access with proximity to I-35 and I-635, Missouri Highways 69 and 169.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,607 SF
Building Class
B
Year Built
1999
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
25,607 SF
Building FAR
0.14
Lot Size
4.23 AC
Zoning
CPO
Parking
187 Spaces (7.3 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 13-909-00-02-025.01 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,035,217 CAD |
PROPERTY TAXES
Parcel Number
13-909-00-02-025.01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,035,217 CAD
CONTACTS
-
Michael VanBuskirk SIOR, CCIM,CRE -
Christopher Robertson, CCIM -
Nick Suarez, SIOR, CCIM -
Debora Field -
Raegen Kersey -
Newmark Zimmer
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Englewood Medical Center | 101 NW Englewood Rd
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