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Drug Store

Walgreens | Absolute Net | High Yield | $102K Incomes | Kansas City MSA

1214 W Foxwood Dr, Raymore, MO 64083

Listing Price: $4,696,000

Cap Rate
7.10%
Tenant Name
Walgreens
Years Remaining On Lease
8.0
Guarantor
Corporate Guarantee
Rentable SF
14,500
Lease Type
Absolute Net
Rent Per Square Feet
$23.00

Investment Overview

Marcus & Millichap is pleased to bring to market Walgreens located in Raymore, Missouri.

Investment Highlights

  • Over Eight Years Remaining on an Absolute Net Lease | No Landlord Responsibilities
  • 10, Five-Year Renewal Options
  • Corporately Guaranteed Lease
  • Situated on a Hard, Signalized Corner with Excellent Visibility and High Traffic Counts
  • One and a Half Miles Off of Interstate 49, a Major Interstate Artery into the Kansas City Metro Area
  • Located in a Dense Retail and Residential Corridor Near Multiple National Tenants Such as Walmart Supercenter, Lowes, Sam's Club, McDonald's, CVS, Starbucks, Take 5 Oil, Target, Harbor Freight, Home Depot and More
  • Population Exceeds 70,000 Within Five-Miles and is Projected to Increase by 2027 | Average Household Incomes of Over $102,000 Within One-Mile
  • Raymore is 23 Miles From Downtown Kansas City, Missouri

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Drug Store

Walgreens | Absolute Net | High Yield | $102K Incomes | Kansas City MSA

Listing Price: $4,696,000

Cap Rate
7.10%
Tenant Name
Walgreens
Years Remaining On Lease
8.0
Guarantor
Corporate Guarantee
Rentable SF
14,500
Lease Type
Absolute Net
Rent Per Square Feet
$23.00

Investment Highlights

  • Over Eight Years Remaining on an Absolute Net Lease | No Landlord Responsibilities
  • 10, Five-Year Renewal Options
  • Corporately Guaranteed Lease
  • Situated on a Hard, Signalized Corner with Excellent Visibility and High Traffic Counts
  • One and a Half Miles Off of Interstate 49, a Major Interstate Artery into the Kansas City Metro Area
  • Located in a Dense Retail and Residential Corridor Near Multiple National Tenants Such as Walmart Supercenter, Lowes, Sam's Club, McDonald's, CVS, Starbucks, Take 5 Oil, Target, Harbor Freight, Home Depot and More
  • Population Exceeds 70,000 Within Five-Miles and is Projected to Increase by 2027 | Average Household Incomes of Over $102,000 Within One-Mile
  • Raymore is 23 Miles From Downtown Kansas City, Missouri

Investment Overview

Marcus & Millichap is pleased to bring to market Walgreens located in Raymore, Missouri.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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