CVS Abandons Northeast Kansas City As 'Theft & Rent' Rise

An increasing number of Drug stores shutting down confronts urban areas across the nation and leaves many nearby residents without any convenient option to obtain prescriptions . . . Sadly, this closure seems even more cruel given that it could have been prevented by any semblance of local civic leadership . . . Check-it:

"According to Anthony, CVS’s store manager at the 2435 Independence Ave. location, two major factors were considered in the store’s closing. “Theft and rent,” he speculated, but declined to go into any more detail on possible reasons for closing other than the decision “came from corporate,” and the store’s numbers met a company matrix benchmark for store closings . . . Clicking through to the Jackson County Property tax site shows that beginning in 2018, property taxes jumped from roughly $29,000 per year, to over $46,000 in 2019. In 2023, total property taxes on the building and grounds were just under $59,000."

Read more via www.TonysKansasCity.com link . . .

CVS Abandons the Avenue: Theft and Rent cited as primary reasons for closure | Northeast News

Following the June, 2022 closure of their 5901 Independence Avenue location, CVS Health Corporation announced last week that their store at 2435 Independence Avenue would be closing its doors by...