Walgreens NNN Lease Investment

4016 W. 95th Street Prairie Villiage (Kansas City MSA, KS 66207

4016 W. 95th Street, Prairie Villiage (Kansas City MSA, KS, 66207
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FOR SALE
Property Type:
Street Retail
Amount:
$7,234,000
Last Verified:
Apr 23, 2024

Highlights

  • Walgreens 10+ Years NNN Lease (Zero Landlord Responsibilities)
  • Walgreens corporate quaranty
  • Operating history since 2010
  • Drive Thru equipped.
  • Located in High Traffic Area:
  • W. 95th St. 18,400 CPD
  • Mission Rd. 17,000 CPD
  • High Average Household Income - $152,586

Description

I

Located in the bustling Kansas City MSA, this thriving area offers tremendous opportunity for retail investors. Situated in the heart of Prairie Village, KS, the surrounding neighborhood is known for its vibrant community and strong consumer base. Prairie Village, Kansas is a small, first-tier suburban city located in Johnson County, Kansas. Its boundaries are completely surrounded by adjacent cities, including Overland Park, Kansas, and Kansas City, Missouri. Compared to nearby suburbs, Prairie Village has a greater density of both population and housing. This can be partially attributed to compact suburban development patterns established by the city’s initial developers, along with the need to maximize space within the landlocked geography. With a population density more than double the Johnson County average, Prairie Village is one of the most dense suburban communities in the metro. As a landlocked city, development opportunities are limited and older areas face redevelopment pressures as the city attracts new investment.


Year Built: 2010
Building Size: 14820sq ft
Lot Size: 1.6 acres


Documents

Walgreens Prairie Village Offering Memorandum 3-7-2024

Map of 4016 W. 95th Street, Prairie Villiage (Kansas City MSA, KS, 66207

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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