320 E Lexington St - Drug Store FOR SALE


Richmond, MO 64085
$1,481,481 USD
415-360-8007
320 E Lexington St, Richmond, MO for Sale
$1,481,481 USD
Drug Store - FOR SALE
1/3
null | 6.75% Cap Rate

320 E Lexington St
Richmond, MO 64085


HIGHLIGHTS

  • 2016 Construction. 3,183+/- SF Building on 0.75+/- Acre Site
  • Strong Corporate Guarantee from CVS
  • Prime High-Traffic Location: Strategically Positioned at the Intersection of Highway 10 and Highway 13 (14,500+ VPD)
  • Surrounded by Top National Brands Such As Walmart, Dollar General, Anytime Fitness, Taco Bell, McDonald’s and Many More
  • Investment Grade Credit Tenant (S&P: BBB) – CVS is One of the Three Largest Drugstore Chains in the U.S.
  • Richmond | 40 Miles from Kansas City | Kansas City MSA Population: 2.2M+

OVERVIEW

6 Years Left on NN+ Lease with 5% Rent Increase Set to Hit January 2026

FOR SALE DETAILS

PRICE

$1,481,481 USD

PRICE/SF

$465 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

10-09-31-01-005-017.000

ASK ABOUT THIS PROPERTY

Todd LewisSecure Net LeaseMore Info
415-360-8007

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Todd LewisSecure Net LeaseMore Info
415-360-8007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.