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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

101 2Nd Street Ter Odessa, MO 64076

2,195 SF Built 1975
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,195 square foot CVS Pharmacy located at 101 South 2nd Street, Odessa, MO 64076. The property sits on a 6,534 square foot lot and boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $100,000. The current lease, a triple net (NNN) agreement with a credit-rated tenant, has a remaining term of approximately 6.2 years, expiring January 31, 2031. The lease includes four 5-year renewal options, providing long-term stability and predictable income growth. Rent increases by 5% every five years, ensuring consistent returns. Built in 1975, this single-tenant property benefits from a 100% occupancy rate and is strategically located in Odessa's main retail corridor. The investment is backed by the corporate guarantee of CVS Corporation, minimizing landlord responsibilities and offering a secure, low-risk investment opportunity. This property offers a compelling combination of strong tenant credit, a long-term lease, and built-in rent escalations, making it an attractive addition to any investment portfolio. The asking price is $1,666,666.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1975
Total area 2,195 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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