1030 Main Street
Lexington, MO
Price:
$1.481.481
Cap Rate:
6.75%
NOI:
$100,000
Building Size:
Approx. 9,125 Sq. Ft.
Lot Size:
Approx. 0.13 Acres
Type:
Single-Tenant / Retail
Sub Category:
Grocery Store
Year Built:
1900
Investment Overview
- 1900 Construction. 9,125+/- SF Building on 0.13+/- Acre Site
- 6 Years Left on NN+ Lease with 5% Rent Increase Set to Hit January 2026
- Strong Corporate Guarantee from CVS
- Located on Main Street, in the Heart of Town across from the County Courthouse
- Prime Location: Limited Competition with the Nearest Pharmacy Being at the Walmart, Over 10 Miles Away
- Investment Grade Credit Tenant (S&P: BBB) – CVS is One of the Three Largest Drugstore Chains in the U.S.
- Lexington | 40 Miles from Kansas City | Kansas City MSA Population: 2.2M+