3740 W Truman Blvd - Drug Store FOR SALE
Jefferson City, MO 65109 |
$2,733,000 USD
650-678-7200
3740 W Truman Blvd
Jefferson City, MO 65109
HIGHLIGHTS
- ~4 years remaining on absolute net corporate Walgreens lease
- 20+ year operating history demonstrating strong long-term performance at this location
- Excellent intrinsics – extremely low rent ($16.60/SF) & price per foot ($184)
- Subject property located across from Capital Mall – a 350,000+ regional shopping center
- Ideally positioned off Highway 50 with multiple points of ingress/egress and large traffic counts – 31,000+ VPD
- Affluent residential trade area – $99,000 average household incomes within a 1-mile radius of the subject property
OVERVIEW
Well below market rent corporate Walgreens with 20+ year operating history at this location. The subject property is located across from Capital Mall – a 92% occupied regional shopping center with major national anchors including JCPenney, Dillard’s, Ross, and Ollie’s and subject to 3.5 million annual visitors.
FOR SALE DETAILS
PRICE
$2,733,000 USD
PRICE/SF
$184 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.49 AC
LAND SF
64,904 SF
ZONING
C-1
APN/PARCEL ID
10-0.2-09-000-200-200-1002
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650-678-7200
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650-678-7200
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