By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.
INVESTMENT HIGHLIGHTS
Investment Grade Guarantee - The lease is fully guaranteed by CVS Health Corporation, one of the world’s most valuable brands and ranked #6 on the Fortune 500 list. CVS Health has an investment grade credit rating by all major rating agencies including a BBB rating with a stable outlook from Standard & Poor’s.
Outparcel to 1M SF Super Regional Mall - CVS is ideally positioned as an outparcel to Zona Rosa, a super-regional open-air shopping mall featuring dozens of national and regional retailers, several restaurants, entertainment, office space, and luxury residential units.
Hard Corner Location, Excellent Interstate Access - The property enjoys outstanding visibility and access on the hard corner of a signalized intersection featuring over 19,000 vehicles per day. Additionally, the Property is situated just off major highway systems Interstate 29 and Missouri Route 152.
Zero Landlord Responsibilities - This is a 100% passive investment opportunity with zero landlord responsibilities. CVS is operating under an Absolute NNN lease structure in which the tenant is responsible for any and all expenses relating to the property.
17-Year Operating History, Recent Lease Extension - CVS has been operating at this location since 2007 and recently executed a new twenty (20) year lease in 2021, demonstrating their commitment to and success at the site.
Strong Demographics - The population and average household income within a 5-mile radius of the property are 105,418 and $112,001 respectively.
Kansas City - Kansas City is the largest metro area in Kansas and the second largest in Missouri, spanning 14 counties and having a population of 2.3 million.
