CVS

• Strong Sales Performance – Tenant reports more than $18 million in annual sales, with sales steadily increasing over the past three years.
• Long-Term Tenant Commitment – CVS has operated at this location for 25+ years and has already exercised two five-year option periods. The lease includes two additional five-year options, each featuring a 10% rental increase at the start of the option period.
• Proximity to Belton Regional Medical Center – Located approximately 1.5 miles from Belton Regional Medical Center, a 24/7, 85-bed hospital serving more than 32,000 patients annually.
• High-Traffic, Signalized Location – Situated on a large ±2-acre lot at the signalized intersection of East Avenue and North Avenue, with combined traffic counts exceeding ±26,437 VPD and strong projected population growth.
• Passive NNN Investment – The property is subject to a NNN lease, with the tenant responsible for maintenance, insurance, and real estate taxes, providing limited landlord responsibilities.
• Investment-Grade Corporate Tenant – The lease is corporately guaranteed by CVS (NYSE: CVS), an investment-grade tenant with approximately 9,135 locations nationwide and an S&P credit rating of BBB.
• Strong National Retail Synergy – The property is surrounded by major national retailers and daily-needs destinations, including Target, Hy-Vee, The Home Depot, and numerous other established brands.