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Property profile & analytics
FOR SALE
Retail properties & Spaces

1030 Main St Lexington, MO 64067

18,214 SF 0.13 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US48-2673385
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,195 square foot CVS Pharmacy in Lexington, Missouri, boasting a strong 6.00% cap rate and a substantial net operating income (NOI) of $100,000. The property sits on a 5,663 square foot lot and is currently operating at 100% occupancy under a triple net (NNN) lease with a credit-rated tenant. The lease, expiring January 31, 2031, includes four 5-year renewal options and features a 5% rent increase every five years. This strategically located property is situated near Lafayette Regional Medical Center and Lexington Medical Clinic, ensuring consistent high traffic and strong tenant performance. The property offers minimal landlord responsibilities, making it an ideal low-maintenance investment. The asking price is $1,666,666, translating to $759.30 per square foot. This presents a stable, long-term investment opportunity with a highly reputable tenant. The remaining lease term is approximately 6.2 years. The property is a single-unit retail building.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1900
Total area 18,214 SF
Lot 0.13 ac (5,641 SF)
APN 03-8.0-33-1-001-043.000
UPID US48-2673385
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
Current use
Occupant on record · Public records
  • CVS Pharmacy
  • CVS Pharmacy Pharmacy
  • CVS Photo (Bike/Boat/Book/etc) Store
  • LibertyX Bitcoin ATM Atm
  • CDReload at CVS Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Missouri Bj Partners LLC · 4 yrs held
Missouri Bj Partners LLC
since 2022
2 recorded transactions
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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