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FAITS SAILLANTS DE L'INVESTISSEMENT
- Wichita Endodontics (Operator) : Largest endodontic practice in the region | Exceptional revenue per doctor and consistent 5% annual EBITDA growth
- 10.5 Years Remain on the NNN Lease | Corporate NNN lease with (3%) annual rent increases
- Highly Affluent Demographics: The one mile average household income (HHI) is $146,876 (East) & $118,281 (West)
- Specialty1 Partners (Guarantor): Partner to Wichita Endodontics. | 220+ practices across 28 states | Generates $500M+ in annual revenue
- 2021 Capital Improvements: $600,000 invested per building | State-of-the-art endodontic equipment, surgical operating microscopes & interiors.
- Wichita, the largest city in Kansas and ranked #5 on Forbes’ list of Best Cities to Move to in 2024
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to offer a fully stabilized medical office portfolio located in two of Wichita’s most affluent neighborhoods. The portfolio is exclusively occupied by Wichita Endodontics, the region’s leading endodontic practice with a dominant market position, exceptional patient retention, and a long-standing reputation for advanced specialty care. The practice generates approximately $1.92 million in revenue per doctor and has demonstrated consistent 5% annual EBITDA growth.
The lease is corporately guaranteed by Specialty1 Partners, a top-tier dental support organization with 220+ affiliated practices nationwide. A recent expansion by Specialty1 Partners has consolidated tenancy, resulting in both buildings now structured as single-tenant, NNN assets, offering investors a streamlined, passive ownership profile. The leases feature full expense reimbursement, 3% annual rent increases, and 10 years of remaining term, providing predictable cash flow and long-term stability.
Located in Wichita—widely recognized as the “Aerospace Capital of the World”—the properties benefit from strong regional employment drivers, highly educated workforces, and affluent surrounding demographics, making this an attractive opportunity for investors seeking secure income with minimal operational complexity.
The East building also benefits from income diversification via VantagePointe Financial Group, a well-established wealth advisory firm occupying 18% of the gross leasable area (GLA).
Wichita, the largest city in Kansas and ranked #5 on Forbes’ list of Best Cities to Move to in 2024, is widely recognized as the “Aerospace Capital of the World.” It is home to major manufacturers including Textron Aviation, Spirit AeroSystems, and Bombardier. The city also hosts Wichita State University's National Institute for Aviation Research (NIAR)—the nation’s top university-based center for industry-funded aeronautical R&D—as well as the National Center for Aviation Training (NCAT), a 224,000-square-foot facility supported by the FAA and operated in partnership with WSU Tech. Together, these institutions drive innovation, advanced research, and skilled workforce development in aerospace coatings, manufacturing, maintenance, and composite technologies. The assets are ideally positioned in high-income corridors, with average household incomes exceeding $100,000 within a one-mile radius—offering a compelling combination of tenant quality, lease security, and strong demographics.
The lease is corporately guaranteed by Specialty1 Partners, a top-tier dental support organization with 220+ affiliated practices nationwide. A recent expansion by Specialty1 Partners has consolidated tenancy, resulting in both buildings now structured as single-tenant, NNN assets, offering investors a streamlined, passive ownership profile. The leases feature full expense reimbursement, 3% annual rent increases, and 10 years of remaining term, providing predictable cash flow and long-term stability.
Located in Wichita—widely recognized as the “Aerospace Capital of the World”—the properties benefit from strong regional employment drivers, highly educated workforces, and affluent surrounding demographics, making this an attractive opportunity for investors seeking secure income with minimal operational complexity.
The East building also benefits from income diversification via VantagePointe Financial Group, a well-established wealth advisory firm occupying 18% of the gross leasable area (GLA).
Wichita, the largest city in Kansas and ranked #5 on Forbes’ list of Best Cities to Move to in 2024, is widely recognized as the “Aerospace Capital of the World.” It is home to major manufacturers including Textron Aviation, Spirit AeroSystems, and Bombardier. The city also hosts Wichita State University's National Institute for Aviation Research (NIAR)—the nation’s top university-based center for industry-funded aeronautical R&D—as well as the National Center for Aviation Training (NCAT), a 224,000-square-foot facility supported by the FAA and operated in partnership with WSU Tech. Together, these institutions drive innovation, advanced research, and skilled workforce development in aerospace coatings, manufacturing, maintenance, and composite technologies. The assets are ideally positioned in high-income corridors, with average household incomes exceeding $100,000 within a one-mile radius—offering a compelling combination of tenant quality, lease security, and strong demographics.
FAITS SUR LA PROPRIÉTÉ
| Prix | 6 521 814 $ CAD | Statut | Actif |
| Prix/pi² | 393,57 $ CAD / pi² | Nombre de propriétés | 2 |
| Condition de vente | 1031 Échange | Individuellement en vente | 0 |
| Taux de capitalisation | 6,08% | Taille totale du bâtiment | 16 571 pi² |
| Type de vente | Investissement pour loyer hypernet | Superficie totale du terrain | 1,89 AC |
| Prix | 6 521 814 $ CAD |
| Prix/pi² | 393,57 $ CAD / pi² |
| Condition de vente | 1031 Échange |
| Taux de capitalisation | 6,08% |
| Type de vente | Investissement pour loyer hypernet |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 16 571 pi² |
| Superficie totale du terrain | 1,89 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 12219 E Central Ave, Wichita, KS 67206 | Bureau | 11 591 pi² | 2009 | - |
| 7721 W 21st St N, Wichita, KS 67205 | Bureau | 4 980 pi² | 1998 | - |
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Wichita Endodontics | NNN Medical Office
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