Entity Owned Property summary
This exceptional investment opportunity presents a 14,820-square-foot Walgreens pharmacy located at 550 South 129th Street, Bonner Springs, Kansas 66012. The property sits on a substantial 2.53-acre lot and benefits from a long-term, absolute NNN lease with a corporate guarantee from Walgreens, providing significant passive income. With approximately 10.2 years remaining on the lease (expiring January 30, 2035), this investment offers exceptional stability and predictable cash flow. The… property boasts a strong NOI of $407,712 and an attractive 8.00% cap rate, making it an ideal addition to any diversified portfolio. The location is highly desirable, situated at a signalized intersection with approximately 31,000 vehicles per day, and surrounded by a thriving retail environment including Walmart, Price Chopper, and other national retailers. The area also features new developments, including a brand-new Old Dominion Freight Line facility, and is within close proximity to various multifamily communities. The average household income within a three-mile radius is approximately $85,000, indicating a strong and affluent demographic. Built in 2010, this property offers a rare combination of long-term lease security, strong tenant credit, and a prime location within a rapidly growing area. The asking price is $5,096,400, representing a price per square foot of $343.89. This is a truly exceptional opportunity for investors seeking a stable, high-performing asset with significant long-term potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 14,736 SF
- Lot area
- 2.53 ac
- Year built
- 2009
- Stories
- 1
- APN
- 400700
- Assessed value · 2023
- $486,495
- Annual tax · 2023
- $77,032
- Office Building
- Auto Repair, Garage
- Retail Stores · current use
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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