CVS Pharmacy Richmond, MO

320 East Lexington Street
Richmond, MO

Price: $1,428,571
Cap Rate: 7.00%
NOI: $100,000
Building Size: Approx. 3,183 Sq. Ft.
Lot Size: Approx. 0.75 Acres
Type: Single-Tenant / Retail
Sub Category: Grocery Store
Year Built: 2016

Investment Overview

  • 2016 Construction. 3,183+/- SF Building on 0.75+/- Acre Site
  • 6 Years Left on NN+ Lease with 5% Rent Increase Set to Hit January 2026
  • Strong Corporate Guarantee from CVS
  • Prime High-Traffic Location: Strategically Positioned at the Intersection of Highway 10 and Highway 13 (14,500+ VPD)
  • Surrounded by Top National Brands Such As Walmart, Dollar General, Anytime Fitness, Taco Bell, McDonald’s and Many More
  • Investment Grade Credit Tenant (S&P: BBB) – CVS is One of the Three Largest Drugstore Chains in the U.S.
  • Richmond | 40 Miles from Kansas City | Kansas City MSA Population: 2.2M+

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