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Walgreens (DARK) 1114 S Main St

13,650 SF Retail Building Maryville, MO 64468 $2,600,000 ($190/SF) 12.01% Cap Rate

Investment Highlights

  • 9+ years on lease
  • Walgreens continues to be responsible under the lease
  • Across from Hyvee Supermarket
  • Subleased to CarQuest with a March 2025 opening date
  • Adjacent to McDonalds

Executive Summary

9+ Years Remain on Lease
Subleased to CarQuest with expected opening March 2025
Walgreens continues to pay rent
Adjacent to McDonalds
Across from Hyvee Supermarket

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,650 SF
Building Class
B
Year Built
2009
Price
$2,600,000
Price Per SF
$190
Cap Rate
12.01%
NOI
$312,334
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.12 AC
Opportunity Zone
Yes
Parking
55 Spaces (4.02 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Drive Thru

Nearby Major Retailers

Curves
Hy-Vee
U.S. Bank
Scooter's Coffeehouse
  • Listing ID: 29810114

  • Date on Market: 10/17/2023

  • Last Updated:

  • Address: 1114 S Main St, Maryville, MO 64468

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