•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.
•Purchaser has the option to assume the current in place financing with an interest rate of 3.50%. The current balance of the loan is approximately $2,118,271 as of March 2025. Purchaser will be responsible for the 0.25% assumption fee.
•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.
Listed in conjunction with Brian Brockman, Bang Realty - Missouri Inc, 513-898-1551, wg@bangrealty.com, MO DRE Lic. 2017032771.
This Walgreens is located across from a CVS making this a strategic market share corner for the two largest national drugstore chains.