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Drug Store

CVS Pharmacy

22700 W 55th Terrace, Shawnee, KS 66226

Listing Price: $8,667,121

Cap Rate
5.35%
Tenant Name
CVS
Years Remaining On Lease
12.7
Guarantor
Corporate Guarantee
Rentable SF
12,094
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.34

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an CVS located at 22700 W. 55th Terrace in Shawnee, KS. The site consists of roughly 12,094 rentable square feet of building space on estimated 2.14-acre parcel of land. CVS has over 12.8 years remaining on a 25-year true triple-net (NNN) lease.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 13 Years of Term Remaining
  • Situated on a 2.14 Acre Parcel
  • Investment Grade Credit: CVS Corporate (S&P: BBB)

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Drug Store

CVS Pharmacy

Listing Price: $8,667,121

Cap Rate
5.35%
Tenant Name
CVS
Years Remaining On Lease
12.7
Guarantor
Corporate Guarantee
Rentable SF
12,094
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.34

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 13 Years of Term Remaining
  • Situated on a 2.14 Acre Parcel
  • Investment Grade Credit: CVS Corporate (S&P: BBB)

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an CVS located at 22700 W. 55th Terrace in Shawnee, KS. The site consists of roughly 12,094 rentable square feet of building space on estimated 2.14-acre parcel of land. CVS has over 12.8 years remaining on a 25-year true triple-net (NNN) lease.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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