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
Category:

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

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