1616 Mo-7, Blue Springs, MO 64014
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.