8421 Pr Vw Rd Kansas City, MO 64153-1842

This exceptional investment opportunity presents the fee simple ownership of a CVS Pharmacy located at 8421 NW Prairie View Rd, Kansas City, MO 64153. The property boasts a 12,941 square foot building on a 1.57-acre lot, constructed in 2007. The property benefits from a strong 100% occupancy rate under an absolute NNN lease with CVS Pharmacy, a Fortune 500 company, extending until April 30, 2041 (16.4 years remaining). The lease commenced February 1, 2007, and includes eight 5-year lease options. The current annual net operating income (NOI) is $267,463, yielding a 5.25% capitalization rate. This single-tenant, single-story building enjoys a prime location on a hard corner with excellent visibility and access, situated near Interstate 29 and Missouri Route 152, and adjacent to the Zona Rosa super-regional shopping mall. The property benefits from strong demographics, with over 105,000 people residing within a 5-mile radius and an average household income exceeding $112,000. The site experiences high traffic counts exceeding 19,000 vehicles daily at the signalized intersection. This is a passive investment opportunity with zero landlord responsibilities, offering a secure and stable return on investment backed by a creditworthy tenant with a long-term commitment to the location. The property's investment-grade tenant and prime location make it an attractive addition to any portfolio.