For Sale
$1,666,666
1030 Main St Lexington, MO 64067
High-yield CVS Pharmacy, Net Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- Exceptional value for an investment-grade tenant (S&P: BBB).
- Backed by a corporate guarantee from CVS Corporation.
- Low-maintenance ownership with minimal landlord responsibilities.
- Long-term lease (7 years) with renewal options.
- Prime location near Lafayette Regional Medical Center and Lexington Medical Clinic.
- Built-in rent growth with 5% increases every five years.
Property Details for 1030 Main St
- Property type
- Retail properties, Drug stores
- Square Feet
- 2,195 SF
- Lot Size (sq. ft)
- 246,680,280 SF
- Units
- 1
Location Insight
- City
- Lexington
- County
- Lafayette
- State
- Missouri
- Latitude
- 39.1857936
- Longitude
- -93.882335
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield CVS Pharmacy, Net Lease
- Where is the retail property located?
- The property is located at 1030 Main St Lexington, MO.
- What is the asking price?
- The asking price for this property is $1,666,666.
- What are key features of this property?
- This property features: Exceptional value for an investment-grade tenant (S&P: BBB).; Backed by a corporate guarantee from CVS Corporation.; Low-maintenance ownership with minimal landlord responsibilities.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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