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Drug Store

CVS Pharmacy

9501 Nall Ave, Overland Park, KS 66207

Listing Price: $6,607,398

Cap Rate
5.15%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
13.7
Guarantor
Corporate Guarantee
Rentable SF
14,868
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.89

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 9501 Nall Avenue in Overland Park, Kansas. There are currently 13.87 years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $340,281. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Investment Highlights

  • ? Long-Term Absolute Triple Net (NNN) Lease | 13.87 Years Remaining
  • ? CVS Corporate Guaranty | Investment-Grade Credit
  • ? Fee Simple Ownership

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Drug Store

CVS Pharmacy

Listing Price: $6,607,398

Cap Rate
5.15%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
13.7
Guarantor
Corporate Guarantee
Rentable SF
14,868
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.89

Investment Highlights

  • ? Long-Term Absolute Triple Net (NNN) Lease | 13.87 Years Remaining
  • ? CVS Corporate Guaranty | Investment-Grade Credit
  • ? Fee Simple Ownership

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 9501 Nall Avenue in Overland Park, Kansas. There are currently 13.87 years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $340,281. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

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