CVS Pharmacy
O'Fallon, MO
Key Details
| Price: | $3,600,000 |
|---|---|
| Cap Rate: | 5.56% |
| Annual Rent: | $200,000 |
| Address: | 1580 Bryan Road, O'Fallon, Missouri 63366 |
| Property Type: | Retail |
| Lease Type: | Ground |
Property Data
| Original Lease Term: | 25 Years |
|---|---|
| Lease Commencement: | 9/12/2015 |
| Lease Expiration: | 9/14/2040 |
| Lease Term Remaining: | 15.7 Years |
| Rental Increases: | 8% Every Option |
| Lot Size: | 1.84 Acres |
| Building Size: | 13,225 SF |
| Year Built: | 2015 |
NNN Pro is pleased to present the exclusive listing for a CVSPharmacy located at 1580 Bryan Rd, O'Fallon, MO 63366. Thesite consists of roughly 13,225 rentable square feet of buildingspace on an estimated 1.84-acre parcel of land. This CVSPharmacy is subject to a 25 year Ground lease, which commenced 9/15/2015. The current annual rent is $200,000 andhas scheduled increases of 8% every option.
About the Investment
- Strong Real Estate Fundamentals | Signalized Hard-Corner Lot | Drive-Thru | Signage At The Intersection | Strong Visibility
- St. Louis MSA | Compelling Demographics | 21st Largest MSA In The U.S.
- Affluent Community | Average Household Income Exceeds $121,800 Within A Three-Mile Radius
- New 106+ Acre Residential Developments In The Immediate Area Constructed By Fischer Homes | New Homes Range From $500K To $1MM +
Key Details
| Price: | $3,600,000 |
|---|---|
| Cap Rate: | 5.56% |
| Annual Rent: | $200,000 |
| Address: | 1580 Bryan Road, O'Fallon, Missouri 63366 |
| Property Type: | Retail |
| Lease Type: | Ground |
Property Data
| Original Lease Term: | 25 Years |
|---|---|
| Lease Commencement: | 9/12/2015 |
| Lease Expiration: | 9/14/2040 |
| Lease Term Remaining: | 15.7 Years |
| Rental Increases: | 8% Every Option |
| Lot Size: | 1.84 Acres |
| Building Size: | 13,225 SF |
| Year Built: | 2015 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Judson Kauffman
jkauffman@nnnpro.com
License: NY: 10401296108
Hannan Ben Yosef
hbenyosef@nnnpro.com
License: NY: 10401358655
Matt Sorace
msorace@nnnpro.com
License: NY: 10401367850
Broker of Record
Brian Brockman
Bang Realty-Missouri, Inc
License: 2017032771
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.