4701 Town Center Dr - Drug Store FOR SALE


Leawood, KS 66211
$8,102,431 USD
713-408-8555
4701 Town Center Dr, Leawood, KS for Sale
$8,102,431 USD
Drug Store - FOR SALE
1/1
null | 6.5% Cap Rate

4701 Town Center Dr
Leawood, KS 66211


HIGHLIGHTS

  • Walgreens is operating under a 75-year Absolute NNN lease with 10+ years of firm term remaining, potentially extending the lease through 2087.
  • The Property sits on a hard corner at the signalized intersection of Town Center Drive and Roe Ave, providing unmatched exposure and accessibility.
  • The area within a 5-mile radius of Walgreens is comprised of 19.2M square feet of retail, with an additional 75K SF currently under construction.
  • The region has rapidly expanded its commercial presence to accommodate a population nearing 220,000 within 5 miles.
  • $207,000 average household income within a 1-mile radius of Walgreens.

OVERVIEW

Walgreens Kansas City | Absolute NNN Lease | $207K Avg HH Income | Dominant Retail Corridor

FOR SALE DETAILS

PRICE

$8,102,431 USD

PRICE/SF

$567 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

SD

APN/PARCEL ID

HP98200000-0009

ASK ABOUT THIS PROPERTY

713-408-8555

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

713-408-8555

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