Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Wichita Endodontics | Est. 1988 | Six Board-Certified Endodontists | Two Locations | Only Multi-Site Endodontic Practice in the Wichita Metro
  • Triple Net | 3% Annual Escalations | 1x5-Year Renewal Option | Expense Reimbursement
  • 2025 Revenue: $11.5M | Six Doctors | $1.92M Per Doctor | #1 in S1P Network 5% EBITDA Growth Every Year
  • Lease Guaranteed by Specialty1 Partners | 220 Practices | 28 States | $500M+ Annual Revenue | $90M EBITDA
  • $600,000 Capital Investment per Building (2021) | Tenant-Funded | Surgical Microscopes, CBCT Imaging, Medical-Grade Buildout.
  • 1-Mile Average Household Income: $146,876 (East) | $118,281 (West) | East Neighbors: Audi, BMW, Porsche, Land Rover, Whole Foods, Wichita Country Club

Executive Summary

Two single-tenant NNN medical office buildings, exclusively occupied by Wichita Endodontics under a corporate-guaranteed lease backed by Specialty1 Partners — the nation's largest specialty-focused DSO, operating 220+ practices across 28 states. Both leases have 3% annual escalations, NNN expense reimbursement. The practice has operated continuously in Wichita since 1988, generating $11.5M + 2025 revenue across six doctors — ranking #1 among all S1P endodontic groups and producing $1.92M per doctor against a network average of roughly half that. EBITDA has grown 5% year-over-year every year. Each building received $600,000 in tenant-funded capital improvements in 2021.

Property Facts

Price $6,405,375 CAD
Price / SF $386.54 CAD / SF
Cap Rate 6.59%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 16,571 SF
Total Land Area 1.89 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
12219 E Central Ave, Wichita, KS 67206 Office 11,591 SF 2009 -
7721 W 21st St N, Wichita, KS 67205 Office 4,980 SF 1998 -
Show More > < Show Less
  • Listing ID: 36725230

  • Date on Market: 2025-07-14

  • Last Updated:

  • Address: Wichita Endodontics | NNN Medical Office, Wichita, KS

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}