Drug Store
Walgreens | +/-10 Years Left on Lease | 8.50% Cap Rate | Major Retail Corridor
550 South 129th Street, Bonner Springs, KS 66012
Listing Price: $4,800,000
Investment Overview
Marcus & Millichap is pleased to present for sale the Walgreens located at 550 South 129th Street in Bonner Springs, Kansas. The Property operates under an absolute NNN lease and has +/-10 years remaining on their lease firm term. Bonner Springs is approximately 20 miles from Kansas City and is a highly desirable suburb for families to live in with an average household income of +/-$85K within 3-mile radius.
Walgreens | +/-10 Years Left on Lease | 8.50% Cap Rate | Major Retail Corridor
Investment Highlights
- Tenant Responsible for ALL CAM, Taxes, Insurance, Roof & Structure – No Landlord Responsibilities
- Adjacent to Old Dominion Freight Line's Brand New $45 Million Industrial Development Directly North & Interstate 70
- Surrounded by Various National Retailers: Price Chopper, Walmart, AutoZone, McDonald's, Starbucks, Caliber Collision, Ace Hardware, Dollar Tree, H&R Block, Sherwin Williams, Arby's, Goodwill
- Positioned At A Hard Corner, Signalized Intersection That Experiences Approximately 31,000 Vehicles-per-day
- Walgreens Currently Has +/-10 Years Remaining On Their Firm Term
Broker of Record
Drug Store
Walgreens | +/-10 Years Left on Lease | 8.50% Cap Rate | Major Retail Corridor
Listing Price: $4,800,000
Investment Highlights
- Tenant Responsible for ALL CAM, Taxes, Insurance, Roof & Structure – No Landlord Responsibilities
- Adjacent to Old Dominion Freight Line's Brand New $45 Million Industrial Development Directly North & Interstate 70
- Surrounded by Various National Retailers: Price Chopper, Walmart, AutoZone, McDonald's, Starbucks, Caliber Collision, Ace Hardware, Dollar Tree, H&R Block, Sherwin Williams, Arby's, Goodwill
- Positioned At A Hard Corner, Signalized Intersection That Experiences Approximately 31,000 Vehicles-per-day
- Walgreens Currently Has +/-10 Years Remaining On Their Firm Term
Investment Overview
Marcus & Millichap is pleased to present for sale the Walgreens located at 550 South 129th Street in Bonner Springs, Kansas. The Property operates under an absolute NNN lease and has +/-10 years remaining on their lease firm term. Bonner Springs is approximately 20 miles from Kansas City and is a highly desirable suburb for families to live in with an average household income of +/-$85K within 3-mile radius.
Broker of Record
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