CVS - Excelsior Springs
Long term national tenant with corporate guaranty
Marketing description
This offering presents the opportunity to acquire a single-tenant CVS Pharmacy located in Excelsior Springs, Missouri, within the Kansas City metropolitan area. The property is fully leased to CVS Pharmacy, a nationally recognized retail pharmacy operator.
Constructed in 2009, the building contains approximately 3,206 square feet on ±1 acre. The property operates under a NN+ lease structure with approximately six years remaining, providing steady income with limited landlord responsibilities. The property generates an annual Net Operating Income of $110,000, representing a 7.64% cap rate at the $1,440,000 asking price.
This investment provides the opportunity to acquire a corporate backed retail asset with predictable income and future rent growth in an established Kansas City area market.
Investment highlights
- Corporate Tenant: CVS Pharmacy, one of the largest pharmacy chains in the United States
- Stable Income: Long-term lease providing predictable annual rental income
- Limited Landlord Responsibilities: NN+ lease structure
- Established Retail Corridor: Surrounded by national retailers including Walmart, McDonald’s, Dollar General, Pizza Hut, Subway, Tractor Supply, and Anytime Fitness
- Community Anchors Nearby: Excelsior Springs Hospital and Excelsior Springs High School
- Kansas City Metro Location: Part of the larger Kansas City metropolitan area with access to a regional population of over 2 million people
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
