5790 Lucas and Hunt Rd | Saint Louis, MO 63136
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5790 Lucas and Hunt Rd
Saint Louis, MO 63136
Walgreens | St. Louis MO | 13.5 Yrs | 7 CAP · Retail Property For Sale
Investment Highlights
- STABLE INCOME - Rental income guaranteed by Walgreens corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations.
- 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.
- SOLID EMPLOYMENT BASE – About one mile NW of large corporations Emerson Electric Company (±76,500 em.) and Nidec Motor Corporation (±117,206 emp).
- ABSOLUTE NET LEASE & NO LANDLORD RESPONSIBILITIES - Building is subleased to Empire Beauty but Walgreens is responsible for the lease with ±13.5 yrs l
- DIRECTLY ACROSS BUZZ WESTFALL PLAZA SHOPPING CENTER – Across from center renovated in 2005 anchored ALDI Grocery.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.23 AC
Zoning
C
Parking
58 Spaces (3.91 Spaces per 1,000 SF Leased)
Frontage
241 FT on Lucas and Hunt Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 13G-42-1031 | Improvements Assessment | $485,440 |
| Land Assessment | $138,620 | Total Assessment | $624,060 |
PROPERTY TAXES
Parcel Number
13G-42-1031
Land Assessment
$138,620
Improvements Assessment
$485,440
Total Assessment
$624,060
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