2001 S Main St - Drug Store FOR SALE
Joplin, MO 64804 |
2001 S Main St
Joplin, MO 64804
HIGHLIGHTS
- REBUILT STORE – This Walgreens was fully reconstructed in 2011, leveraging the established customer base and prime location
- LOW MARKET RENT/PSF – This Walgreens benefits from a below-market rent of $12.22 per square foot, significantly lower than other Walgreens in Joplin
- JOPLIN, MO – Joplin has experienced impressive growth of 7.4% between 2010 and 2020, solidifying its position as a strong retail market
- PREVIOUS EXTENSION – Secured by a 10-year lease extension in 2019, demonstrating a commitment to this location, ensuring stable income for investor
- EXCELLENT VISIBILITY – This Walgreens boasts excellent visibility and prime location as the most centrally located drugstore in Joplin
- INVESTMENT GRADE CREDIT TENANT – Rent is guaranteed by Walgreens Corporate
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
13500
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
19-5.0-15-10-001-001.000,19-6.0-14-20-006-005.000
