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20048419
20048420

18351 W 119th St, Olathe, KS 66061

TG
GA, GA H-63985
The Net Lease Group
EH
GA 333490
The Net Lease Group
Listed by The Net Lease Group
$5,337,956
1502 days on market
Updated 52 days ago

CVS Healthhub in Olathe Kansas

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 11,000
Cap Rate 6.75%
NOI $360,312
Occupancy 100%
Tenancy Single
Brand/Tenant CVS Pharmacy
Lease Type Net
Lease Term 25
Remaining Term 7.4
Lease Options 10 x 5 years
Class A
Year Built 2006
Buildings 1
Stories 1
Acreage 1.500
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 12/01/2006

For Sale CVS HealthHub in Kansas City MSA | Bondable NNN Lease

Marketing description

The Net Lease Group is proud to exclusively offer for sale the fee simple interest in a freestanding CVS retail store, with a CVS HealthHUB located at the southwest corner of W 119th Street and Ridgeview Road in Olathe, Kansas. The offering consists of the fee simple interest in a freestanding retail store constructed in the affluent, densely populated Kansas City suburb of Olathe. Occupied by CVS since 2006, the ± 11,000 square foot Property sits on a ± 1.50-acre parcel at the southwest corner of 119th Street and Ridgeview Road, which provides maximum visibility to over 28,000 cars each day. CVS has approximately 6.25 years remaining on the initial lease term. The offering provides prospective investors the opportunity to purchase an institutional quality asset, generating stable, predictable cash flow in a rapidly growing suburban Kansas City market.

Investment highlights

  • Bondable NNN Lease

  • CVS HealthHub

  • Strong Traffic Count

  • Investment Grade Credit Tenant

  • $99,475 Household Income

  • Excellent Location & Visibility

Listing Contacts

TG
GA, GA H-63985
The Net Lease Group
EH
GA 333490
The Net Lease Group
Listed by The Net Lease Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$360,312.00
$30,026.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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C-2 CommercialGeneral CommercialGeneral Business
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Last updated May 26, 2026 For deeper zoning details, reports are available at Zoneomics

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