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30922728
30922729

12691 Antioch Rd, Overland Park, KS 66213

JK
NY 10401317069, FL SL3595928
Stream Capital Partners
GG
IL 475164964
Stream Capital Partners
Listed by Stream Capital Partners
$3,250,000
84 days on market
Updated 84 days ago

CVS

Details
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 17,877
Cap Rate 6.22%
NOI $202,000
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, CVS Pharmacy (+1)
Lease Type Absolute NNN
Lease Expiration 01/31/2039
Remaining Term 12.7
Rent Bumps Yes
Lease Options 9, 5 Year Options
Price per SqFt $182
Year Built 1997
Buildings 1
Stories 1
Acreage 1.710
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Retail | 6.22% CAP | 17,877 SqFt

Investment highlights

  • LONG TERM NNN LEASE WITH ZERO LANDLORD RESPONSIBILITIES: Over 12 years remaining on an absolute NNN lease, requiring no landlord responsibilities as the tenant covers insurance, taxes, and maintenance expenses.

  • STRONG & AFFLUENT DEMOGRAPHICS: The property is located within an affluent trade area with average household incomes of approximately $149,500 within a 5-mile radius and over 98,900 households, supporting strong consumer spending and long-term tenant demand.

  • PRIME LOCATION: Situated along W 127th Street S, a major commuter corridor, the property benefits from strong visibility and traffic counts of over 24,000 vehicles per day.

  • KANSAS CITY MSA LOCATION: The asset is positioned within the Kansas City MSA, a stable and diversified Midwest market with a broad employment base, favorable business climate, and consistent demographic growth drivers.

Listing Contacts

JK
NY 10401317069, FL SL3595928
Stream Capital Partners
GG
IL 475164964
Stream Capital Partners
Listed by Stream Capital Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$202,000.00
$16,833.33/mo

Valuation Metrics

0
DSCR
6.22%
Cap Rate
6.22%
ROI

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Additional Information

Name
Brian Brockman
License
KS - 239819
Brokerage
Bang Realty
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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