2031 W 6th Ave Emporia, KS 66801
For Sale
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Details
- StatusFor Sale
- Cap Rate7%
- TenantsXpress Wellness Urgent Care
- Lease TypeNNN
- Building Size3,000 SF
- Lot Size0.44 Acres
- NOI$159,590
Documents
Property Description
Turnkey Healthcare Investment – Absolute NNN Lease with 13+ Years Remaining
Helios Investment Services presents the Xpress Wellness Urgent Care in Emporia, KS, a brand-new 3,000 SF healthcare facility built in 2023. This investment opportunity features a long-term 13+ year Absolute NNN lease, meaning there are zero landlord responsibilities, making it a truly passive income property. The lease includes 1.25% annual rent increases starting in Year 3 and three 5-year renewal options, providing built-in rental growth and long-term stability.
The tenant, Xpress Wellness Holdings, LLC, is a growing urgent care provider with 47+ locations across Oklahoma, Kansas, and Texas. The company was acquired by Goldman Sachs in May 2024, securing its financial backing and future expansion plans.
This property is strategically located in Emporia, KS, a regional hub between Topeka and Wichita, at the intersection of U.S. Route 50 and Interstates 335 & 35. The surrounding area boasts 23,979+ residents within a 3-mile radius and an average household income of $61,837, making it a strong consumer base for the tenant’s services.
Additionally, Emporia is home to major employers and national retailers, including Tyson Fresh Meats, Sherwin-Williams, T-Mobile, Wendy’s, Taco Bell, Dairy Queen, and more, ensuring high visibility and traffic to the site.
With an 18-year roof warranty and a corporate-guaranteed lease, this is a secure, hassle-free investment opportunity. Whether you’re a seasoned investor or looking for your next 1031 exchange property, this Absolute NNN urgent care investment is an excellent addition to any portfolio. Contact us today to learn more!
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