Quantum Real Estate Advisors Facilitates $2.2M Sale Of Retail Property Occupied By CVS In Kansas City
2435 Independence Boulevard
$2,200,000
Building Size
—
Asset Type
Retail
Closing
Jan 22, 2024
About this deal
AI
The $2.2 million sale of a retail property in Kansas City, MO has been facilitated by Quantum Real Estate Advisors. The property, located at 2435 Independence Boulevard, is currently occupied by CVS with nine years remaining on its lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,200,000
- Address: 2435 Independence Boulevard
- Market: Kansas City, MO
Nick Hilgendorf from Quantum Real Estate Advisors served as the broker in this deal.
The retail sale at 2435 Independence Boulevard in Kansas City, Missouri sold for $2.2M in 2024. 2435 Independence Boulevard is classified as Retail on Traded. Nick Hilgendorf, Quantum Real Estate Advisors appear on the sale alongside Quantum Real Estate Advisors. This page is the Kansas City, Missouri file for the 2435 Independence Boulevard retail sold: pricing, party profiles, and other closed retail comps from the same Kansas City sit in the Market section below. Filter that Kansas City retail set by closing date to see what else sold near 2435 Independence Boulevard around 2024. Published consideration for 2435 Independence Boulevard is $2.2M, dated 2024. Cite this Quantum Real Estate Advisors Facilitates $2.2M Sale Of Retail Property Occupied By CVS In Kansas City sale when underwriting similar retail product around Kansas City, Missouri.
On the Map
$2,200,000
Retail
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Kansas City Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93