4016 W 95Th St Overland Park, KS 66207
This exceptional investment opportunity presents a fee-simple Walgreens pharmacy located at 4016 W 95th St, Prairie Village, KS 66207. The property boasts a substantial 14,820 square feet on a 69,904 square foot lot, zoned C-3. Built in 2009, this single-building property features a drive-thru and benefits from a long-term, 25-year net lease (NNN) with Walgreens, commencing January 1, 2010, and expiring December 31, 2034. With over 10 years remaining on the lease, this investment offers exceptional stability and predictable cash flow. The current asking price is $6,992,986, representing a price per square foot of $471.86 and a compelling 7.50% cap rate based on a current NOI of $524,474. The property enjoys 100% occupancy since its opening date of January 1, 2010. Situated in an affluent area of Prairie Village, Kansas, with an average household income of $152,586, this Walgreens benefits from high traffic volume and a strong demographic profile. The property is a single-tenant, NNN lease, minimizing landlord responsibilities and maximizing passive income potential. This is a rare opportunity to acquire a high-performing, net-leased Walgreens in a prime location with significant remaining lease term.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Prairie Village, KSNo 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.