Rehold

Walgreens | St. Louis, MO

14,820 SF | Retail Building | Saint Louis, MO 63115 | $5,714,286 ($386/SF) | 7% Cap Rate

Asking Price $5,714,286

Sale Condition: Build to Suit
Property Type: Retail
Square Feet: 14,820 SF
Price / Square Foot: $386

Listing Contacts

Tony Anderson

Tony Anderson

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Richard Brehaut

Richard Brehaut

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Kent Presson

Kent Presson

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Chase Young

Chase Young

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Scott Budzenski

Scott Budzenski

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Property Info

Property Overview

PRICING - $5,714,286
CAP RATE - 7.00%
NOI - $400,000
LEASE TERM - 6+ YEARS
GUARANTEE - CORPORATE

Property Details

Class: B
Year Built: 2005
Stories: 1
Property Subtype: Drug Store, Grocery/Convenience Store, Freestanding, Storefront
Lot Size (sq. ft): 68,389 SF

Highlights

CORPORATE GUARANTEE FROM WALGREENS
ABSOLUTE TRIPLE NET (NNN) LEASE
EXCELLENT SITE-LEVEL VISIBILITY & CONVENIENCE
MARK TWAIN/I-70 INDUSTRIAL NEIGHBORHOOD | The subject property is adjacent to the Mark Twain/I-70 Industrial neighborhood
UNIVERSITY OF MISSOURI-ST. LOUIS | Located less than 5 miles away from the property is the University of Missouri-St. Louis
2ND LARGEST CITY IN MISSOURI | St. Louis is the second-largest city in Missouri and the largest MSA in the entire state.

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