Medicap Pharmacy+ Investment Portfolio 2527 Easton Boulevard
Des Moines, IA 50317
Sale Price
$9,031,215
Property Website
Map
Retail For Sale - Available Immediately
11 Property Pharmacy Portfolio + Standa Alone Scooter's Ground Lease
11 Pharmacies & 1 Scooter’s Coffee Land Lease
Essential Services Retailer
NNN Leases
Ideal Properties for a 1031 Exchange
Pro Forma Cap Rate - 7.95%
WALT - 4.36 Years (Medicaps Only)
Get in touch
Bill Wright
Grant Wright, CCIM
Chris Pendroy CCIM, SIOR
Dakota Little
CBRE is pleased to present the opportunity to acquire a portfolio of twelve freestanding retail properties, 11 of which are secured by NNN leases to OneroRX, Inc. (operating as Medicap Pharmacy), and an additional leased to Loving
Cup, LLC (operating as Scooter’s Coffee). This portfolio offers stable, predictable cash flow supported by a well established tenant with a strong regional presence as well as separately leased land parcel occupied by Scooter’s Coffee, providing investors with added diversification and a passive, land lease revenue stream.
Cup, LLC (operating as Scooter’s Coffee). This portfolio offers stable, predictable cash flow supported by a well established tenant with a strong regional presence as well as separately leased land parcel occupied by Scooter’s Coffee, providing investors with added diversification and a passive, land lease revenue stream.
Various Cities in Iowa
Sale Price
$9,031,215
Get in touch
Bill Wright
Grant Wright, CCIM
Chris Pendroy CCIM, SIOR
Dakota Little