3720 N Kingshighway Blvd - Drug Store FOR SALE


Saint Louis, MO 63115
$5,334,000 USD
424-414-2710
3720 N Kingshighway Blvd, Saint Louis, MO for Sale
$5,334,000 USD
Drug Store - FOR SALE
1/20
null | 7.5% Cap Rate

3720 N Kingshighway Blvd
Saint Louis, MO 63115


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.

OVERVIEW

PRICING - $5,334,000 CAP RATE - 7.50% NOI - $400,000 LEASE TERM - 5.5+ YEARS GUARANTEE - CORPORATE

FOR SALE DETAILS

PRICE

$5,334,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | St. Louis, MO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,583 SF

ZONING

F

APN/PARCEL ID

4387-00-0015-0

ASK ABOUT THIS PROPERTY

424-414-2710

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424-414-2710

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