4120 S Broadway - Drug Store FOR SALE
Saint Louis, MO 63118 |
4120 S Broadway
Saint Louis, MO 63118
HIGHLIGHTS
- STABLE INCOME - Rental income guaranteed by Walgreens Corporation with over 8,900 locations.
- EXTENSIVE OPERATIONAL HISTORY & PRIOR LEASE EXTENSION - Built in 1996 & in operation for 25 yrs. Term is currently extended to 9/30/26.
- FREEWAY VISIBLE - Located just two blocks from the I-55 South Broadway off-ramp and is highly visible to freeway traffic of about 83,000 VPD.
- BRAND NEW ROOF IN 2021 - Subject property's roof was replaced in 2021 and carries a transferrable 15-year warranty.
- INFILL GREATER ST. LOUIS LOCATION - 4 mi south of Downtown St. Louis, west of the Mississippi River in the St. Louis MO-IL MSA with ±3M residents.
- 2 BLOCKS FROM SOUTH CITY HOSPITAL - 178-bed hospital in the center of South St. Louis providing acute care, intensive care & lab procedures.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Walgreens | St. Louis | $3.6M | New Roof
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
17780
STORIES
1
YEAR BUILT
1996
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
2619-00-0010-0
