4400 NW Barry Rd
Kansas City, MO 64154
CVS | 20 Year Term | No Rent Holiday · Retail Property For Sale

The subject property is a 15,521 square foot CVS located in Kansas City, Missouri. CVS has shown long term commitment to the site having executed a new 20 year lease term which runs through 2039. The lease is structured with five percent rent increases between each of the four 5-year renewal options. The lease is absolute net providing for zero landlord responsibilities. CVS, which is publicly traded on the New York Stock Exchange under the ticker symbol “CVS”, has a current BBB credit rating by Standard & Poor’s and reported annual revenues in excess of $209 billion in 2019. Located at the signalized intersection of NW Barry Road and N Green Hills Road, the subject property is positioned just east of the St. Luke’s North Hospital, a 159-bed facility offering 24-hour emergency services and 20 specialized health care services. Additionally, CVS is positioned as an outparcel to The Shoppes at Barry Plaza, a 176,000 square foot proposed development mixed with medical office and retail and anchored by The University of Kansas Cancer Center. National retailers in the area include Ross, Office Max, Hy-Vee, Bed, Bath & Beyond, Walmart, Lowe’s and many more. This densely populated area is home to over 49,000 residents within a three mile radius and over 123,000 residents within a five mile radius.