Retail Space /MO /St Francois County /Bonne Terre /903 Benham St
Retail Space /MO /St Francois County /Bonne Terre /903 Benham St

903 Benham St - Drug Store FOR SALE


Bonne Terre, MO 63628 | 
$1,097,000 USD
214-226-5584
903 Benham St, Bonne Terre, MO for Sale
$1,097,000 USD
Drug Store - FOR SALE
1/4
null | 7.75% Cap Rate
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903 Benham St
Bonne Terre, MO 63628

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HIGHLIGHTS

  • 4+ Years Remaining | Options To Extend | Extremely Low Rent
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • US Highway 67 (17,000 VPD) | Retail Corridor |Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant, Walgreen Co., has approximately 4+ years remaining on its lease with 9 (5-year) options to extend, demonstrating their commitment to the site • The lease features flat rent throughout the remainder of the term • The tenant is currently paying low annual rent at $21 PSF

FOR SALE DETAILS

PRICE

$1,097,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | 4+yrs Corp NNN | Low Rent

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

Commercial

APN/PARCEL ID

07-60-13-02-015-0001.00

ASK ABOUT THIS PROPERTY

Grayson JonesSRS Real Estate PartnersMore Info
214-226-5584

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Grayson JonesSRS Real Estate PartnersMore Info
214-226-5584

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