Cushman & Wakefield’s Healthcare Capital Markets is pleased to present the opportunity to acquire Rock Haven Outpatient Medical Center, a medical office building located on the campus of Cass Regional Medical Center at 2820 Rock Haven Road in Harrisonville, MO. The property spans 75,939 square feet on 5.06 acres and is effectively 95% occupied, inclusive of the HFMD support lease (details to follow), with a weighted average lease term (WALT) of 5.04 years offering investors with stable cash flow for the foreseeable future. In-place rental rates average just under $22.00 per square foot, with nearly all leases subject 2.00% annual rental escalations. Tenants operate under triple net (NNN) leases, transferring operating expenses, insurance, and maintenance costs to them, reducing investor liabilities.

The HFMD support lease, established by the previous ownership, guarantees that 13,372 square feet of vacant space is secured by a $5.64 million escrow holdback covering base rent with escalations, tenant improvements, and leasing commissions until August 2030. The support lease ensures consistent rent payments to the landlord, regardless of tenant leasing outcomes or rent shortfalls. A full abstract of the support lease can be found on page 18. This feature makes the property a low-risk investment opportunity with upside potential.