3200 SW State Route 7 - Drug Store FOR SALE


Blue Springs, MO 64014
$3,274,705 USD
619-297-0055
3200 SW State Route 7, Blue Springs, MO for Sale
$3,274,705 USD
Drug Store - FOR SALE
1/2
null | 8.5% Cap Rate

3200 SW State Route 7
Blue Springs, MO 64014


OVERVIEW

• Below market seller financing available, contact broker for details. •Walgreens recently extended their lease in 2023 to a firm 12 years of lease term, showing their commitment to this location. •Frontage on SW Moreland School Road (9,320 VPD) and MO-7 (25,384 VPD). •Located in a affluent Kansas City suburb, the average household income in a 1-mile radius is ±$101,000. •Located 3 miles to the north, St. Mary’s Medical center is a 137-bed acute care facility which has served the community for over 40 years. •This Walgreens is located across from a CVS making this a strategic market share corner for the two largest national drugstore chains. Listed in conjunction with Brian Brockman, Bang Realty - Missouri Inc, 513-898-1551, wg@bangrealty.com, MO DRE Lic. 2017032771.

FOR SALE DETAILS

PRICE

$3,274,705 USD

PRICE/SF

$226 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Long-Term Walgreens Commitment | $106K H.H.I.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

88,024 SF

ZONING

GP, Blues Springs

APN/PARCEL ID

41-430-01-02-01-0-00-000

ASK ABOUT THIS PROPERTY

Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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