2031 W 6th Ave Emporia, KS 66801

Xpress Wellness Urgent Care Investment in Emporia, KS

Discover an outstanding investment with the Xpress Wellness Urgent Care property at 2031 W 6th Avenue, Emporia, KS. This 3,000 square foot facility, opened in August 2023, is ideal for any portfolio. The property has a 15-year absolute triple net (NNN) lease with zero landlord responsibilities, ensuring hassle-free ownership.

Stable Lease and Secure Income

The lease includes a corporate guarantee from Xpress Wellness Holdings, LLC, providing a secure investment. Annual rent increases of 1.25% begin in year three with three 5-year renewal options. The property generates a net operating income (NOI) of $157,620, offering a 7.00 percent cap rate, making it a lucrative investment.

Prime Location Benefits

Emporia, located at the intersection of I-35, I-335, and U.S. Highway 50, is between Topeka and Wichita. This prime location ensures high visibility and easy access. The area has strong demographics, with over 23,979 residents and an average household income of $61,837 within a 3-mile radius. The city serves as a regional hub for various sectors, providing economic stability.

Reputable Tenant

Xpress Wellness Urgent Care is a reputable provider of non-life-threatening medical services. They offer a range of healthcare services, including occupational and sports medicine, computerized radiology, lab services, and EKG services. With over 47 locations across Oklahoma and Kansas, Xpress Wellness is dedicated to high-quality care and expanding their reach.

Investment Highlights

Invest in a reliable and profitable asset with this Xpress Wellness Urgent Care property. Contact us today to learn more about this exceptional investment opportunity.