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CVS Pharmacy Portfolio

6 Retail Properties Offered at $14,647,189 CAD in Multiple Locations

Investment Highlights

  • Low price point for Investment Grade Tenant (S&P: BBB)
  • Minimal Landlord Responsibilities
  • Strategically located near Hospitals, Medical Centers with limited to No Pharmacy competition
  • Corporate Guarantee by CVS Corporation
  • Long Term Leases(7 years) with options to renew
  • 5% rent increase every five years

Executive Summary

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

Data Room Click Here to Access

Property Facts

Price $14,647,189 CAD
Price / SF $750.64 CAD / SF
Sale Conditions 1031 Exchange
Cap Rate 6%
Sale Type Investment NNN
Status Active
Number of Properties 6
Individually For Sale 6
Total Building Size 19,513 SF
Total Land Area 3.58 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
CVS- Excelsior Springs
1018 N Jesse James Rd, Excelsior Springs, MO 64024
Retail 3,206 SF 2009 $2,598,694 CAD
CVS-Fulton
600 Court St, Fulton, MO 65251
Retail 5,079 SF 1957 $2,598,694 CAD
CVS-Richmond
320 E Lexington St, Richmond, MO 64085
Retail 3,183 SF 2016 $2,362,449 CAD
CVS-Odessa
101 S 2nd St, Odessa, MO 64076
Retail 2,195 SF 1975 $2,362,449 CAD
CVS-Warrenburg
610 Burkarth Rd, Warrensburg, MO 64093
Retail 3,655 SF 2017 $2,362,449 CAD
1030 Main St, Lexington, MO 64067 Retail 2,195 SF 1900 $2,362,449 CAD
Show More > < Show Less
  • Listing ID: 26470246

  • Date on Market: 2022-08-23

  • Last Updated:

  • Address: CVS Pharmacy Portfolio, Excelsior Springs, MO

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