8421 Prairie View Rd - Drug Store FOR SALE


Kansas City, MO 64153
$5,094,533 USD
404-635-8859
8421 Prairie View Rd, Kansas City, MO for Sale
$5,094,533 USD
Drug Store - FOR SALE
1/4
null | 5.25% Cap Rate

8421 Prairie View Rd
Kansas City, MO 64153


HIGHLIGHTS

  • Investment Grade Guarantee
  • Outparcel to 1M SF Super Regional Mall
  • Hard Corner Location, Excellent Interstate Access
  • Zero Landlord Responsibilities
  • 17-Year Operating History, Recent Lease Extension
  • Strong Demographics

OVERVIEW

Northmarq, on behalf of ownership as its exclusive advisor, is pleased to offer for sale the opportunity to acquire the fee simple interest in the CVS Pharmacy property located at 8421 Northwest Prairie View Rd, Kansas City, MO. There are over 16 years remaining on CVS’ Absolute NNN lease with no landlord responsibilities. The property is located within Kansas City, Missouri in the Kansas City metro; more than 105,000 people are located within 5 miles of the subject property and the property is located on a hard corner, with signalized intersection traffic counts of over 19,000 vehicles per day. CVS Health Corp. (NYSE: CVS) operates more than 9,000 locations in the United States and employs approximately 300,000 employees across all 50 states, Washington D.C., and Puerto Rico generating over $357 billion in total revenues. The company is listed in Forbes Magazine as one of the world’s most valuable brands and ranks number 6 on the Fortune 500 list. CVS Health has an investment grade credit rating by all major rating agencies including a BBB rating with a stable outlook from Standard & Poor’s.

FOR SALE DETAILS

PRICE

$5,094,533 USD

PRICE/SF

$395 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,304 SF

ZONING

RT

APN/PARCEL ID

20-10-12-100-004-015-000

ASK ABOUT THIS PROPERTY

Jason PowellNorthmarqMore Info
404-635-8859

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Jason PowellNorthmarqMore Info
404-635-8859

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