Blue Springs, MO

Price: $ 3,092,777
CAP Rate: 9.00%
NOI: $ 278,350
Lease Term Remaining Before Options: 9 Years 3 Months
Investment Highlights
  • 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 over $106,000.
  • 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 (818) 585-8006 or cb@pharmapropertygroup.com.

Price: $ 3,092,777
CAP Rate: 9.00%
NOI: $ 278,350
Lease Term Remaining Before Options: 9 Years 3 Months