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10050 Woodland Dr 13,225 SF Retail Building Lenexa, KS 66220 $7,786,185 CAD ($588.75 CAD/SF) 7.69% Cap Rate
Investment Highlights
- LONG TERM LEASE (8.50 YEARS) Primary Term expires 1/31/2035. CVS has operated from this location since 2010.
- The lease is corporate guaranteed by CVS Health Corporation.
- STRONG DEMOGRAPHICS Average Household Income in a 1-mile radius is $198,646 in a population of 148,937 in a 5-mile radius.
- ABSOLUTE NET BOND LEASE No Landlord Responsibilities
- KANSAS CITY M.S.A. The second largest M.S.A. in Kansas with an estimated population of over 2.2 million residents.
- HIGH TRAFFIC COUNTS Approximately 15,000 Vehicles Per Day.
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
CVS Pharmacy began as Consumer Value Stores in Lowell, Massachusetts in 1963 and introduced pharmacies inside stores a few years later in Cranston, Rhode Island. The business operates as part of CVS Health, a broader health care company that combines retail pharmacy with pharmacy services, mail order, specialty pharmacy, prescription delivery, vaccinations, and clinical support. CVS Pharmacy serves consumers through a wide network of neighborhood pharmacies and offers services tied to medication access, counseling, and wellness needs. Over time, the company expanded from a single store format into a major U.S. pharmacy presence with a national footprint in health care delivery.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | IP23420000-0001 | Improvements Assessment | $661,540 CAD |
| Land Assessment | $473,801 CAD | Total Assessment | $1,135,341 CAD |
Property Taxes
Presented by
10050 Woodland Dr
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