CVS Pharmacy | Kansas City, MO
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
