NNN CVS Pharmacy
$1,833,333.00
Address | 1018 N Jesse James Road, Excelsior Springs, MO |
---|---|
Tenant | CVS |
Lease Term | 7 Years |
Cap Rate | 6% |
NOI | $110,000 |
Options | 4 / 5 Year Options |
Description
Triple Net Investment Group is pleased to present an opportunity to purchase a NNN CVS Pharmacy property located in Excelsior Springs, Missouri with Landlord Responsibilities being limited to roof and structure. The CVS building is 3,206 Sq ft with a lot size of 1.32 Acres. This NNN CVS Pharmacy has 7 years remaining on the lease term, a NOI of $110,000 , Rental increases of 5% every 5 years.
- Low price point for Investment Grade Tenant (S&P: BBB)
- Corporate Guarantee by CVS Corporation
- Minimal Landlord Responsibilities
- Long Term Lease(7 years) with options to renew
- Strategically located within 1 mile of Excelsior Springs Hospital with limited to No Pharmacy competition
- 5% rent increase every five years
Reviews
There are no reviews yet.