CVS in Warrenburg, MO
$1,666,666.00
| Address | 610 Burkarth Road, Warrenburg, MO |
|---|---|
| Tenant | CVS |
| Lease Term | 7 Years |
| Cap Rate | 6% |
| NOI | $100,000 |
| Options | 4 / 5 Year Options |
Description
Triple Net Investment Group is pleased to present an opportunity to purchase a CVS Property for sale in Warrenburg, MO. has a NOI of $100,000, rental increases of 5% every 5 years, with 7 years remaining on the lease term and has a long term occupancy and commitment to the site. The building is 3,655 Sq ft with a lot size of 1.03 Acres. This location CVS Pharmacy having a S&P Rating of BBB+ makes this a stable investment property for years to come.
- 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 near Missouri Medical Center and University of Central Missouri
5% rent increase every five years
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