601 Jefferson St, Kearney, MO 64060

6,000 SF | 100% Leased | Retail Building | Kearney, MO 64060 | $3,558,000 ($593/SF) | 9% Cap Rate

Asking Price $3,558,000

Property Type: Retail
Square Feet: 6,000 SF
Price / Square Foot: $593

Listing Contacts

Jesus Melo

Preston Schwartz

Kevin Puder

Property Overview

Broker of Record
Kyle Matthews
License No. 2022018843 (MO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Details

Class: C
Year Built: 1985
Stories: 1
Property Subtype: Drug Store
Lot Size (sq. ft): 67,082 SF

Highlights

Strategic Location – Located on the signalized corner of U.S Highway 92 and South Je?erson St, which captures over ±31,000 Vehicles Per Day.
Upgraded Store – Corporate recently added a HealthHub to this location, which expands health services and wellness products.
Zero Cash Flow – A zero cash ?ow investment allows an individual to essentially shelter income.
Investment Grade Credit Tenant – Investment Grade Rating by the S&P 500. Lease is guaranteed by CVS Health Corp.
Ideal Demographics – This CVS Pharmacy is situated in an a?uent area with the average household income exceeding $90,000 within a 2-mile radius.
Tenant is responsible for CAM, Insurance, Utilities, Taxes and maintains all aspects of the premises.

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