2900 S 4th St - Drug Store FOR SALE


Leavenworth, KS 66048
$4,236,944 USD
858-537-0828
2900 S 4th St, Leavenworth, KS for Sale
$4,236,944 USD
Drug Store - FOR SALE
1/2
null | 9% Cap Rate

2900 S 4th St
Leavenworth, KS 66048


HIGHLIGHTS

  • Walgreens operates on an absolute net lease with no landlord responsibilities whatsoever.
  • Limited drugstore competition, with the next nearest Walgreens store a 25-minute drive across the state line, over 8.5 miles away.
  • Across the street from a CVS and the last Walgreens northbound from Kansas City for 36 miles and west of the Missouri River for 132 miles.
  • Less than a half mile from Saint John Hospital and the Eisenhower VA Medical Center, the closest Walgreens to both.
  • Four miles north, Fort Leavenworth is the second-oldest active U.S. Army post west of D.C., a 5,600-acre base home the Combined Arms Center.
  • Less than a quarter of a mile south, the University of Saint Mary offers more than 30 undergraduate and master's programs.

OVERVIEW

We are pleased to market for sale the Walgreens property located at 2900 S 4th St, Leavenworth, KS 66048 (“The Property”). Walgreens has been operating at this location for 17 years and has 8 and a half years remaining on its lease. Walgreens operates on an absolute triple net lease, which provides for no landlord obligations whatsoever. The Property benefits from limited drugstore competition, with the nearest Walgreens located over 8.5 miles away (25-minute drive), positioning this site as a primary pharmacy provider for the surrounding market. Additionally, the Property holds a strategic geographic advantage, located across the street from a CVS store and serving as the last Walgreens for over 36 miles heading north out of Kansas City and the last Walgreens for over 130 miles west of the Missouri River, reinforcing its importance within the regional trade area. The Property is located less than 0.5 miles from both Saint John Hospital and the Dwight D. Eisenhower VA Medical Center, making it the closest pharmacy location to these major healthcare providers. These facilities generate consistent prescription demand and drive daily traffic to the site. Fort Leavenworth, located 4 miles north, is a major U.S. Army installation spanning 5,600 acres and home to the U.S. Army Combined Arms Center, supporting a large population of military personnel, civilian employees, and contractors. Additionally, the University of Saint Mary, located less than 0.25 miles south, offers more than 30 undergraduate and graduate programs. Listed in conjunction with Brian Brockman, Bang Realty - Kansas Inc, 513-898-1551, wg@bangrealty.com, KS DRE Lic. 239819.

FOR SALE DETAILS

PRICE

$4,236,944 USD

PRICE/SF

$293 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kansas City MSA Walgreens | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

GBD

APN/PARCEL ID

101-12-0-10-02-001.01-0

ASK ABOUT THIS PROPERTY

Dawson MacKayPharma Property Group- Drugstore SpecialistsMore Info
858-537-0828

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Dawson MacKayPharma Property Group- Drugstore SpecialistsMore Info
858-537-0828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.