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Freestanding CVS Retail Store
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18351 W 119th St, Olathe, KS 66061

Freestanding CVS retail store in Olathe, Kansas for sale.

Property Size11,000 SF
Lot Size1.50 Acres
Price / SF$485.27
Days on Market1570

Property Features for 18351 W 119th St

General Information

Standard status Active
Size 11,000 SF
Class A
Lot size 1.50 Acres
Property subtype Retail
Occupancy 100%
Lease Type Net
Investment Type Net Lease
Net Operating Income $360,312

Building Details

Year Built 2006
Buildings 1
Stories 1
Tenancy Single
Listing Agency: The Net Lease Group
Listed By: Esmael Hill · License #GA
Source: Crexi
Added: May 10, 2022 Changed: Aug 19 Last Checked: Aug 24 at 7:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Net Lease Group

Investment Insights

Based on property information with market context.

Offered for sale is a freestanding CVS retail store with a CVS HealthHUB, located at the southwest corner of W 119th Street and Ridgeview Road in Olathe, Kansas. Constructed in 2006, the property is situated in the affluent, densely populated Kansas City suburb of Olathe. The approximately 11,000 square foot property sits on an approximately 1.50-acre parcel at the southwest corner of 119th Street and Ridgeview Road, providing visibility to over 28,000 cars each day. CVS has approximately 6.25 years remaining on the initial lease term. This property offers the opportunity to purchase an institutional quality asset, generating stable, predictable cash flow in a rapidly growing suburban Kansas City market.

Key Highlights

  • Freestanding CVS with HealthHUB in affluent Olathe, Kansas.
  • Located on a high‑visibility corner with 28,000+ cars per day.
  • Institutional quality asset generating stable cash flow.**

Property Analytics

Current Use

Suzanne E. Schuler, ... Physician Valerie Jenek Physician Tommy's Car Wash Car Wash UPS Access Point ... Courier Service MoneyGram Bank

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby
162k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 32% Groceries 30% Beauty & Spa 1%
Hy-Vee Groceries
49,467 visits/mo 0.2 miles
QuikTrip Shops & Services
43,697 visits/mo 0.4 miles
McDonald's Dining
21,864 visits/mo 0.3 miles
SONIC Drive In Dining
8,992 visits/mo 0.0 miles
Dunkin' Donuts Dining
8,193 visits/mo 0.3 miles

Demographics for 66061, KS

66,166
Population
24,744
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
93%
High-School Grad
63.3 sq mi
ZIP Area
1,045
Density / Sq Mi
$109,110
Median Household Income
$50,736
Median Earnings
$1,228
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • CVS 18351 W 119th St, Olathe, KS 66061
  • CVS Pharmacy 18351 W 119th St, Olathe, KS 66061
  • Margaret Barnett 18351 W 119th St, Olathe, KS 660618005
  • Lina Coulter 18351 W 119th St, Olathe, KS 660618005
  • Hy-Vee Pharmacy 18101 W 119th St, Olathe, KS 66061

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding CVS retail store in Olathe, Kansas for sale.
Where is this drug store located?
The property is located at 18351 W 119th St Olathe, KS.
What is the asking price?
The asking price for this property is $5,337,956.
What are key features of this property?
This property features: Freestanding CVS with HealthHUB in affluent Olathe, Kansas.; Located on a **high‑visibility corner with 28,000+ cars per day.**; Institutional quality asset generating stable cash flow.**
(404) 689-4408 Call to check price and availability
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