5790 Lucas and Hunt Rd | Saint Louis, MO 63136
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5790 Lucas and Hunt Rd
Saint Louis, MO 63136
Walgreens (Sublease) | St. Louis MSA | $4.9M · 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- 10.5 mi NE of St.Louis, west of the Mississippi River and the border of MO & IL in the St. Louis MSA.
- SOLID EMPLOYMENT BASE- Two companies are located NE of the subject; Emerson Electric Co (±76,500 employees) & Nidec Motor Corp (±117,206 employees).
- ABSOLUTE NNN WITH NO LANDLORD RESPONSIBILITIES- Currently subleased to Empire Beauty. However, Walgreens remains responsible for the lease.
- DIRECTLY ACROSS SHOPPING CTR- Across the street from the building is the Buzz Westfall Plaza on the Blvd shopping center anchored by ALDI & Schucks.
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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