499 Salt Lick Rd - Drug Store FOR SALE
Saint Peters, MO 63376 |
499 Salt Lick Rd
Saint Peters, MO 63376
HIGHLIGHTS
- SIGNALIZED CORNER WITH IMMEDIATE INTERSTATE ACCESS: Walgreens is incredibly well positioned along the signalized corner of Salt Lick Road and Boschert
- ABSOLUTE NNN LEASE: This lease offers zero landlord responsibilities ideal for an investor looking for an extremely passive and secure investment.
- IDEAL DEMOGRAPHICS: Saint Peters is found 30 miles West of St. Louis, MO. The average household income within a 5-mile radius is ±$105,000
- ST. LOUIS, MO MSA: The greater St. Louis, MO metropolitan area is home to over 2.8 million residents making it the largest metro in the state.
- CRITICAL DRIVE-THRU LANE: Drive-thru lanes proved to be critical for retailers through the pandemic, and as total sales volume for restaurants
- INVESTMENT GRADE CREDIT TENANT: Rent is guaranteed by Walgreens Corporate, a Fortune 500 company boasting an S&P credit rating of BBB
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14740
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
2-0055-A155-00-00B1.0000000
