1018 Jesse James Rd, Excelsior Springs, MO 64024
6 Retail Properties Offered at $10,333,333 in Multiple Locations
For Sale
Active
Asking Price $10,333,333
- Property Type
-
Retail
- Square Feet
- 19,513 SF
Listing Contacts
Robert Gamzeh
Property Overview
Triple Net Investment Group is pleased to present an opportunity to pur-chase a Six Property CVS Portfolio located in Missouri. This Portfolio has a combined NOI of $620,000, Rental increases of 5% every 5 years, with an average of 7 years remaining on the lease term. The Six CVS buildings total to 22,296 Sq ft with a combined lot size of 3.57 Acres. Each location has a long term occupancy and commitment to the site. CVS Pharmacy having a S&P Rating of BBB+ makes this a stable investment for years to come.
Broker of Record:
Tom Palitzsch
Broker Owner
Thomas Realty Group LLC
300 South Second Street, St. Charles, Missouri 63301
Broker of Record:
Tom Palitzsch
Broker Owner
Thomas Realty Group LLC
300 South Second Street, St. Charles, Missouri 63301
Highlights
- Low price point for Investment Grade Tenant (S&P: BBB)
- Corporate Guarantee by CVS Corporation
- Minimal Landlord Responsibilities
- Long Term Leases(7 years) with options to renew
- Strategically located near Hospitals, Medical Centers with limited to No Pharmacy competition
- 5% rent increase every five years
All available spaces
- Space
- CVS- Excelsior Springs
- Size
- 3,206 SF
- Price
- $1,833,333
- Space Subtype
- Retail
- Space
- CVS-Odessa
- Size
- 2,195 SF
- Price
- $1,666,666
- Space Subtype
- Retail
- Space
- CVS-Richmond
- Size
- 3,183 SF
- Price
- $1,666,666
- Space Subtype
- Retail
- Space
- CVS-Fulton
- Size
- 5,079 SF
- Price
- $1,833,333
- Space Subtype
- Retail
- Space
- CVS-Warrenburg
- Size
- 3,655 SF
- Price
- $1,666,666
- Space Subtype
- Retail
- Space
- Size
- 2,195 SF
- Price
- $1,666,666
- Space Subtype
- Retail
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