CVS 8421 Prairie View Rd 12,900 SF Retail Building Kansas City, MO 64153 $6,493,164 CAD ($503.35 CAD/SF) 5.75% Cap Rate

Northmarq, on behalf of ownership as its exclusive advisor, is pleased to offer for sale the opportunity to acquire the fee simple interest in the CVS Pharmacy property located at 8421 Northwest Prairie View Rd, Kansas City, MO. There are over 16 years remaining on CVS’ Absolute NNN lease with no landlord responsibilities. The property is located within Kansas City, Missouri in the Kansas City metro; more than 105,000 people are located within 5 miles of the subject property and the property is located on a hard corner, with signalized intersection traffic counts of over 19,000 vehicles per day.
CVS Health Corp. (NYSE: CVS) operates more than 9,000 locations in the United States and employs approximately 300,000 employees across all 50 states, Washington D.C., and Puerto Rico generating over $357 billion in total revenues. The company is listed in Forbes Magazine as one of the world’s most valuable brands and ranks number 6 on the Fortune 500 list. CVS Health has an investment grade credit rating by all major rating agencies including a BBB rating with a stable outlook from Standard & Poor’s.