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16663 Midland Dr
Shawnee, KS 66217

$1,938,813 USD

Medical For Sale  •  6,920 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,920 SF
  • Lot Size 0.61 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning PUDOC
0 Transit Score
42 Walk Score

Highlights

100% Occupancy: Fully leased with two strong tenants in high-growth medical sectors, ensuring stable income
Affluent Demographics: Average household income of $123,586 within a 1-mile radius
Stable Tenancy: Amsurg, a tenant since 1998, occupies 70% of the GLA | LiveWell, with a fresh lease from January 2025
Amsurg Market Position: Now backed by Ascension Health’s $3.9B acquisition, operates 300+ ASCs nationwide projected to grow 6.02% CAGR through 2030.
LiveWell's Market: The U.S. home healthcare market and expected to grow at a 7.48% CAGR to 2030
Situated in affluent Johnson County, only 1,000 feet from the I-435 exit in Shawnee, Kansas, enhancing accessibility and visibility.

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
AMSURG

Public Transportation

AirportDriveWalkDistance
Kansas City International 39 min - 31.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Daniel Greenamyre 913-680-7359 Marcus & Millichap
Daniel Greenamyre 913-680-7359 Marcus & Millichap