499 Salt Lick Rd | Saint Peters, MO 63376
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- LoopNet Team
499 Salt Lick Rd
Saint Peters, MO 63376
Walgreens · Retail Property For Sale
Investment Highlights
- SIGNALIZED CORNER WITH IMMEDIATE INTERSTATE ACCESS: Walgreens is incredibly well positioned along the signalized corner of Salt Lick Road and Boschert
- 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
- CRITICAL DRIVE-THRU LANE: Drive-thru lanes proved to be critical for retailers through the pandemic, and as total sales volume for restaurants
- ABSOLUTE NNN LEASE: This lease offers zero landlord responsibilities ideal for an investor looking for an extremely passive and secure investment.
- 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.
- INVESTMENT GRADE CREDIT TENANT: Rent is guaranteed by Walgreens Corporate, a Fortune 500 company boasting an S&P credit rating of BBB
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,740 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.40 AC
Zoning
Commercial - Commercial NEC
Parking
48 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
202’ on Salt Lick Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 2-0055-A155-00-00B1.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $633,253 |
Property Taxes
Parcel Number
2-0055-A155-00-00B1.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$633,253
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