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HORVATH & TREMBLAY SELLS CVS IN OVERLAND PARK, KS FOR $3.4M

CVS_OverlandParkKS

April 11, 2019 – Todd Tremblay and Bob Horvath of Horvath & Tremblay have successfully completed the sale of CVS in Overland Park, Kansas. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the transaction at a sale price of $3,410,132.

CVS has over 13 years remaining on the base term of the triple net lease with ten, 5-year renewal options. CVS is located along Antioch Road with strong traffic exposure of over 24,800 vehicles per day. The Property is well-located among national retailers in a densely settled area with a population base of over 229,061 within a 5-mile radius.

Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.

2019-04-30T05:04:38-04:00