Stan Johnson Company is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the Walgreens property located at 6320 North Oak Trafficway in Gladstone, Missouri (the Property ). The Property was constructed in 2006 as a built-to-suit Walgreens. The Property is fully leased by Walgreen Co., operating under a seventy-five (75) year base lease term with the option to terminate with 12 months' notice after the 25th year and every five years thereafter. Current annual rent is $394,000 or $26.58 PSF. Walgreens' lease is absolute NNN with no landlord responsibilities for maintenance, repair or replacement throughout the term. Following the initial 25 year base term, Walgreens has ten Effective Option Periods of five years each.
PRICE REDUCED!!! Attractive, excellently maintained building. Storefront is aesthetically pleasing, and includes a marquis for signage. This property was recently remodeled by Verizon at a cost of $100,000. This building is on a corner lot with excellent visibility on Highway 350, which is a major, heavily travelled highway. Easy, convenient parking with 22 spots. This space is move-in ready; however, for the right tenant, the owner will build this space out to meet the tenant' s specification. This flexible space is ideal for myriad businesses including cell phone store, fast food, restaurants, convenience store, and many types of retail stores.
Excellent Midtown car lot location adjacent to Martini Corner lot and 3,760 s/f building with 3 private offices, large gallery room, garage and separate upstairs unit that could be rented out as an apartment or office. Property being sold As-Is. Property sits on almost a 1/2 acre in prime area for development
The Boulder Group is pleased to exclusively market for sale a three property single tenant net lease drug store portfolio. The portfolio consists of a Walgreens and two CVS drugstores that are all on long term leases with a weighted average remaining lease term of approximately 18 years. All of the properties have a successful operating history at their specific locations. The CVS that is located in Bogalusa, Louisiana replaced two former locations when it opened in 2007. There are over 17 years remaining on the CVS Bogalusa lease which expires August 31, 2032. The lease features 5% rental escalations in each renewal option period. The Walgreens, which is located in Raytown, Missouri, recently executed an early ten year lease extension and has successfully operated at this location since 1999. There are approximately 15 years remaining on the Walgreens lease that expires January 31, 2030. The CVS that is located in Dunkirk, New York has successfully operated at this location since 1999. CVS has over 23 years remaining on their recently extended lease that features 5% rental escalations in each renewal option period.
The 13,905 square foot Walgreens is located within the Kansas City MSA. This Walgreens location has strong store sales and is positioned at the hard corner of a signalized intersection. Walgreens has successfully operated at this site since 1999 and recently executed an early ten year lease extension demonstrating their commitment to this location. There are more than 14 years remaining on the Walgreens lease that expires on July 31, 2029.
Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a Winstead' s located at 101 Emanuel Cleaver II Blvd., Kansas City, Missouri (the Property ). Kansas City is part of the Greater Kansas City MSA.
The Sperry Van Ness Colvin Team is pleased to present this absolute triple net leased Jiffy Lube in Kansas City MO. Leased to Heartland Automotive Services Inc (a Sun Capital Company), the countrys largest Jiffy Lube operator. Lease runs through 12/31/19 plus two 5 year renewals. This Jiffy Lube is located on a busy commercial corridor near Walgreen's, CVS, several restaurants and shopping centers. This location has over population within a 5 mile radius. Available individually or as part of a three unit Kansas City area portfolio for $1,674,000. Co-listed with SVN Encompass Commerical Real Estate in Kansas.
100% Occupied Retail Strip Center At A Prime Signalized Corner.
L3 Investment Properties is pleased to present for sale Woodson Village Shopping Center. This multi-tenant shopping center is anchored by the regional grocery store: Constantino' s Apple Market. The offering is a neighborhood center that has multiple national tenants including Dollar General, Constantino' s Apple Market, State Farm, Charity Thrift Mart, and Fantastic Sam' s.