1018 N Jesse James Rd - Drug Store FOR SALE


Excelsior Springs, MO 64024
$1,575,000 USD
440-915-7902
1018 N Jesse James Rd, Excelsior Springs, MO for Sale
$1,575,000 USD
Drug Store - FOR SALE
1/11
null | 7.3% Cap Rate

1018 N Jesse James Rd
Excelsior Springs, MO 64024


HIGHLIGHTS

  • Corporately-Backed, Investment Grade CVS (NYSE: CVS/S&P “BBB”/Moody’s “Baa3”)
  • NNN Structure with 6 Years of Term Remaining and (5) 5-Year Renewal Options with 5% Increases Each Period
  • Leading Pharmacy Chain with 9,000+ Locations and Annual Revenue for 2024 of $372.8 Billion, Representing a 4.2% Increase Compared to the Previous Year
  • Minimal Management Responsibilities: Tenant Responsible for All Daily Management, While Landlord is Only Responsible for Roof/Structure
  • Excelsior Springs Hospital (1 Mile) with a Medical Staff of More Than 100 Physicians & Employs More Than 300 Hospital Employees
  • Main Thoroughfare Near Other Complimentary Retailers: Walmart Supercenter, Anytime Fitness, Tractor Supply, Applebee’s, ALDI and Dollar General

OVERVIEW

Excelsior Springs, Missouri, is situated in Clay and Ray counties, part of the Kansas City MSA. Excelsior Springs is located along the East Fork Fishing River, drawing people to the scenic and outdoor recreation that the river brings. Excelsior Springs’ unique history began with the discovery of its mineral waters; the city grew as a destination for healing waters. Its numerous mineral wells has attracted people nationally to come experience “America’s Haven of Health.” The city’s economy was forever changed but not its unique beauty, character, and history. Excelsior Springs is the first community in the nation to receive silver recognition through the Communities of Excellence Assessment and Recognition Program. This is the highest level of recognition currently awarded through the program. The effort to receive this recognition was led by Thrive Excelsior, a community coalition seeking to increase the quality of life and life span of residents in Excelsior Springs. The Excelsior Springs Hospital (ESH) is the cornerstone of healthcare in Excelsior Springs. The facility has modern surgical services, critical care unit, 24-hour emergency care, comprehensive laboratory, home health and hospice care, cardiopulmonary, radiology services, rehabilitation services, outpatient specialty clinics and Senior Life Solutions. The medical staff includes more than 100 physicians, and the hospital employs more than 300 people. ESH also has two physician clinics and a Health Express Clinic. ESH provides Excelsior Springs and the surrounding communities with quality healthcare close to home. ESH is affiliated with North Kansas City Hospital.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$491 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Small Price Point CVS | 1 Mile from Hospital

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

12-306-00-25-036.00

ASK ABOUT THIS PROPERTY

Daniel CooperCooper Commercial Investment GroupMore Info
440-915-7902

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Daniel CooperCooper Commercial Investment GroupMore Info
440-915-7902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.