Marcus & Millichap Sells Cardiology Medical Office In Wichita For $18.655M

The property asset involved in this transaction is a cardiology medical office building located at 3535 North Webb Road in Wichita, KS. The total sale price was $18,655,000, and the building encompasses 40,912 square feet, translating to a price per square foot of $456. The facility sits on 4.9 acres and is occupied by Heartland Cardiology, strategically placed in a growing healthcare corridor near Wichita State University and regional hospitals.

Summary of transation details:

• Property Type: Medical Office
• Transaction Amount: $18,655,000
• Square Footage: 40,912
• Address: 3535 North Webb Road
• Market: Wichita, KS
• Acres: 4.9
• Price Per Square Foot: $456

This transaction was managed by a team from Marcus & Millichap, including Spencer Koch, Christopher Biuso, Rory Shelby, Scott Gould, and Colby Haugness, who represented the deal for the seller. Their collective expertise facilitated the successful sale of the property, further enhancing the healthcare landscape in the region.