This property is Off-Market

3720 N. Kingshighway Blvd.
Saint Louis, MO 63115 ·

14,820 SF · Retail For Sale

N/A

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Walgreens - St. Louis, MO

Price N/A Property Use Type Net Lease Investment with 10+ years left on lease
Building Size 14,820 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type Free Standing Bldg Year Built 2005
Listing ID: 15709513 Date Created: 05/13/2008 Last Updated: 09/29/2008

Description

Type of Ownership Fee Simple
Cash on Cash Return: 6%
Equity Required: 24.51%

Lot Size 1.57 Acres
NN Lease
Parking Spaces 68
Tenant Walgreens
No. of Locations 6,237
Headquartered Deerfield, Illinois

The subject property is conveniently located at the intersection of N. Kingshighway and Natural Bridge Avenue located 5 blocks off of I-70, the main east-west thoroughfare through St. Louis. The Walgreens is located in the Penrose neighborhood less than 5 miles from the St. Louis CBD. Penrose is a diverse community with a good balance of homeowners, renters, and businesses. US Bank, Family Dollar and Sears have locations within a few blocks of the subject.

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3720 N. Kingshighway Blvd., Saint Louis, MO 63115 (Saint Louis City County)

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