For Sale

CVS Pharmacy | Kansas City, MO

Asking Price: $2,190,000 | Cap Rate: 9.75%

  • Net Operating Income: $213,825
  • Weighted Avg. Lease Term (WALT): 8.9 Years
  • Lease Type: Absolute Net

Property Highlights

  • Corporate guarantee from national tenant (CVS); with over 9,500 locations nationwide; Investment grade tenant (S&P: BBB | Moody’s: Baa2)
  • Property is located in Kansas City, MO the largest MSA in the state of Missouri
  • Highly visible property along Independence Avenue, which sees 11,056 VPD
  • Site benefits from excellent demographics; population of 189,612 and an average household income of $56,400 within a 5-mile radius