5790 Lucas and Hunt Rd - Freestanding FOR SALE
Saint Louis, MO 63136 |
5790 Lucas and Hunt Rd
Saint Louis, MO 63136
HIGHLIGHTS
- STABLE INCOME - Rental income guaranteed by Walgreens corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations.
- ABSOLUTE NET LEASE & NO LANDLORD RESPONSIBILITIES - Building is subleased to Empire Beauty but Walgreens is responsible for the lease with ±13.5 yrs l
- INFILL GREATER ST. LOUIS LOCATION WITH NEARLY 3M RESIDENTS - 10.5 mi NE of St. Louis with ±271,785 residents and ±105,859 households in a 5-mi radius.
- DIRECTLY ACROSS BUZZ WESTFALL PLAZA SHOPPING CENTER – Across from center renovated in 2005 anchored ALDI Grocery.
- SOLID EMPLOYMENT BASE – About one mile NW of large corporations Emerson Electric Company (±76,500 em.) and Nidec Motor Corporation (±117,206 emp).
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 MO | 13.5 Yrs | 7 CAP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store, Storefront
TOTAL BUILDING SIZE
14820
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
58
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
13G-42-1031
