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| Price $3,885,350 | Built/Renov 2004 | Tenant Walgreens |
| Cap Rate 7.85% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,560
| Lease Start
10-02-2024
| #Units
12,500
|
| Price/SF $266.85 | Expiration
11-30-2029
| Tenant Type Pharmacy |
| NOI $305,000 | R. Term 4.2 | Ownership Fee Simple |
| Rent/SF
$20.95
| Increases 0.0%/0/yrs | Pop 5Mi 29,534 |
| Lot/AC 1.27 | Options 10/5yrs | AHHI 5Mi $163,997 |
| | |
Walgreens is strategically located on E 4th Street in a high-traffic corridor just off I-44 and MO-109, featuring two access points and prominent frontage along E 4th Street. This prime retail site is anchored by Walgreens and positioned near major national retailers including Walmart, Schnucks, Target, and Lowe’s, driving consistent consumer traffic. The property sits within a rapidly growing...
...Near major nationals
WalMart out-parcel
Strategically located
Highway location
Affluent AHHI $100K 5 Mi
New development zone
Absolute NNN
Traded and rated company
Corporate Guarantee
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 3,322 | 17,581 | 31,411 |
| 2025 Total Population : | 3,345 | 16,856 | 30,712 |
| 2025 Employed Civilian Pop : | 1,738 | 9,527 | 17,061 |
| 2025 Total Businesses : | 280 | 493 | 715 |
| 2025 Average Household Income : | $ 159,439 | $ 176,656 | $ 176,138 |
| 2025 Total Consumer Spending : | $ 165 M | $ 893 M | $ 1591 M |
| 2025 Median Age : | 41 | 40 | 42 |
| 2025 Total Households : | 1,218 | 5,990 | 10,721 |
| 2025 Pop Age 25+: Bachelor's Degree : | 613 | 3,865 | 7,260 |
| 2025 Average Home Value : | $ 395,921 | $ 419,074 | $ 428,770 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Highway W St | E 4th St | 2013 | 17,509 | 0.09 mi |
| East 4th Street | Hwy W St | 2022 | 1,969 | 0.15 mi |
| Hwy W St | 2022 | 4,080 | 0.16 mi | |
| Thresher Dr | 2022 | 2,500 | 0.17 mi | |
| East 4th Street | Hwy W St | 2022 | 190 | 0.17 mi |
| N Central Ave | W 2nd St | 2013 | 4,974 | 0.18 mi |
| E 4th St | Beverly St | 2013 | 3,978 | 0.20 mi |
| Hwy W | 2022 | 3,427 | 0.21 mi | |
| South Central Avenue | West Ave | 2022 | 3,089 | 0.22 mi |
| East 5th Street | Hwy W | 2022 | 6,709 | 0.23 mi |
Arcadia, FL
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Cap Rate 8.75%
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R. Term 5.60 yrs
Size/SF 13,368
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
