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    OFF-MARKET
    Retail properties & Spaces

    1616 Mo-7, Blue Springs, MO 64014

    5.08 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity: a single-tenant, fee-simple CVS Pharmacy in Blue Springs, Missouri. This 1-story, 1985-built property boasts a 5.08-acre lot with ample parking (approximately 200 spaces), generating a strong NOI of $423,704 and a 7.50% cap rate. The property benefits from a long-term lease (7+ years remaining with ten 5-year renewal options) and enjoys excellent visibility on a high-traffic road (approximately 29,496 vehicles per day) near major highways and other prominent retailers including Walmart, Subway, and McDonald's. The property is located within the Kansas City MSA, a high-population-density area with significant projected growth. The investment-grade credit tenant (S&P: BBB) provides a secure and stable income stream with a full corporate guaranty. This NNN lease structure minimizes landlord responsibilities. The property's proximity to a country club and golf course adds to its appeal. Asking price: $5,649,386.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1985
    Lot 5.08 ac (221,285 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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