Blue Springs, MO

Price: $ 3,274,705
CAP Rate: 8.50%
NOI: $ 278,350
Lease Term Remaining Before Options: 9 Years 8 Months
Investment Highlights
  • Below market seller financing available, contact broker for details.
  • Walgreens recently extended their lease in 2023 to a firm 12 years of lease term, showing their commitment to this location.            
  • Frontage on SW Moreland School Road (9,320 VPD) and MO-7 (25,384 VPD).
  • Located in a affluent Kansas City suburb, the average household income in a 1-mile radius is ±$101,000.                                                                      
  • Located 3 miles to the north, St. Mary’s Medical center is a 137-bed acute care facility which has served the community for over 40 years.
  • This Walgreens is located across from a CVS making this a strategic market share corner for the two largest national drugstore chains.
Offering Summary

For additional information, please contact Chris Barry at cb@pharmapropertygroup.com or (818) 585-8006. Thank you.

 

Price: $ 3,274,705
CAP Rate: 8.50%
NOI: $ 278,350
Lease Term Remaining Before Options: 9 Years 8 Months