We are pleased to market for sale the Walgreens property located at 2001 South Main Street in Joplin, Missouri ("The Property"). Walgreens has been operating at this location for over ±27 years and has over 4 years remaining on the primary term. Walgreens signed a 10-year lease extension in 2019, demonstrating their commitment to the site. According to Placer.AI, the subject property is the #1 most visited Walgreens in a 30-mile radius (amongst 8 other Walgreens locations). This opportunity allows investors to purchase a high-yield Walgreens asset with a long operating history in a growing market.
Located 2 miles East, the Prospect Village Development is a new $375 million mixed-use project featuring retail, multi-family, hospitality, and sports complexes which will support the growth of the area. Freeman Health Systems is the largest employer in Joplin, with over 3,600 employees and Joplin serves as a central medical hub for the surrounding market. Freeman Hospital West (1.8 Mi SW) and Freeman Hospital East (1.7 Mi SE) combine for over 410 beds and provide a strong customer base for the store's pharmacy segment.
Listed in conjunction with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, MO DRE Lic. 2017032771.