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Drug Store

Walgreens | Absolute NNN | Large 1.44 Acre Parcel | Raymore, MO

1214 W Foxwood Dr, Raymore, MO 64083

Listing Price: $4,663,706

Cap Rate
7.15%
Tenant Name
Walgreens
Years Remaining On Lease
7.4
Gross SF
14,500
Guarantor
Corporate Guarantee
Rentable SF
14,500
Price/Gross SF
$321.63
Lease Type
Absolute Net
Rent Per Square Feet
$23.00

Investment Overview

Marcus & Millichap is pleased to present for sale this Walgreens Pharmacy Store
located at 1214 W. Foxwood Drive in Raymore, Missouri. Raymore (Population
25,306) is a city in Cass County, Missouri within the Kansas City Metropolitan
Area (2,392,035). From July 2022 to July 2023, Raymore was the fastest
growing city in Missouri with a 4.7% increase in population in one year. Major
employers in Raymore, Missouri include Walmart, Compass Health Network,
Sam’s Club, Lowe’s and The City of Raymore.
Numerous apartment complexes surround this Walgreens including The Manor
Homes of Eagle Glen, Lofts at Fox Ridge, The Depot Luxury Apartment Homes,
Rolling Hill Apartments, Briar Creek Villas, Cottages at Belton, The Venue
Townhomes, Ridgeview Estates, The Hearthstone Crossing Duplexes and Center
301 Apartments.
Brand new home developments in the area include Inspired Homes by
Kensington Farms (Over 200 Sold Lots), Hook Farms New Home Community
(53 Sold Building Lots), Inspired Homes at Kessler Ridge (90 Sold Lots) and
Sundance Ridge.
Colleges and universities nearby this Walgreens Property include CBSS, Taylor
Nursing Academy, Calvary University, Avila University and The University of
Central Missouri (7,345 Enrolled Students).
Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy
and retail leader serving millions of people every day. Walgreens is a trusted
global innovator in retail pharmacy with more than 12,500 locations in the
United States, Europe and Latin America. Walgreens employs over 331,000
people and its portfolio of consumer brands includes Walgreens, Boots, Duane
Reade and No7 Beauty.

Investment Highlights

  • Walgreens Corporate Guarantee (NYSE: WBA)
  • Hard Corner Signalized Intersection | Exposure to more than 29,6260 Vehicles Per day
  • Located at 1214 W. Foxwood Drive in Raymore, Missouri (Population 25,306) and Part of the Kansas City Metropolitan Area (Population 2,392,035) High Population Growth in this Area with a 4.7% Increase
  • Numerous Apartment Complexes Surround this Walgreens Including Manor Homes of Eagle Glen, Lofts at Fox Ridge, The Depot Luxury Apartment Homes, Rolling Hill Apartments, Briar Creek Villas, Cottages at Belton, The Venue Townhomes, Ridgeview Estates, The Hearthstone Crossing Duplexes and Center 301 Apartments
  • Brand New Home Developments in the Area Including Inspired Homes by Kensington Farms (Over 200 Building Lots Already Sold), Hook Farms New Community (53 Lots Sold), Inspired Homes at Kessler Ridge (90 Lots Sold) and Sundance Ridge
  • Walgreen is a Trusted Global Innovator with More than 12,500 Locations in the United States, Europe and Latin America and Employing Over 331,000 People

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Drug Store

Walgreens | Absolute NNN | Large 1.44 Acre Parcel | Raymore, MO

Listing Price: $4,663,706

Cap Rate
7.15%
Tenant Name
Walgreens
Years Remaining On Lease
7.4
Gross SF
14,500
Guarantor
Corporate Guarantee
Rentable SF
14,500
Price/Gross SF
$321.63
Lease Type
Absolute Net
Rent Per Square Feet
$23.00

Investment Highlights

  • Walgreens Corporate Guarantee (NYSE: WBA)
  • Hard Corner Signalized Intersection | Exposure to more than 29,6260 Vehicles Per day
  • Located at 1214 W. Foxwood Drive in Raymore, Missouri (Population 25,306) and Part of the Kansas City Metropolitan Area (Population 2,392,035) High Population Growth in this Area with a 4.7% Increase
  • Numerous Apartment Complexes Surround this Walgreens Including Manor Homes of Eagle Glen, Lofts at Fox Ridge, The Depot Luxury Apartment Homes, Rolling Hill Apartments, Briar Creek Villas, Cottages at Belton, The Venue Townhomes, Ridgeview Estates, The Hearthstone Crossing Duplexes and Center 301 Apartments
  • Brand New Home Developments in the Area Including Inspired Homes by Kensington Farms (Over 200 Building Lots Already Sold), Hook Farms New Community (53 Lots Sold), Inspired Homes at Kessler Ridge (90 Lots Sold) and Sundance Ridge
  • Walgreen is a Trusted Global Innovator with More than 12,500 Locations in the United States, Europe and Latin America and Employing Over 331,000 People

Investment Overview

Marcus & Millichap is pleased to present for sale this Walgreens Pharmacy Store located at 1214 W. Foxwood Drive in Raymore, Missouri. Raymore (Population 25,306) is a city in Cass County, Missouri within the Kansas City Metropolitan Area (2,392,035). From July 2022 to July 2023, Raymore was the fastest growing city in Missouri with a 4.7% increase in population in one year. Major employers in Raymore, Missouri include Walmart, Compass Health Network, Sam’s Club, Lowe’s and The City of Raymore. Numerous apartment complexes surround this Walgreens including The Manor Homes of Eagle Glen, Lofts at Fox Ridge, The Depot Luxury Apartment Homes, Rolling Hill Apartments, Briar Creek Villas, Cottages at Belton, The Venue Townhomes, Ridgeview Estates, The Hearthstone Crossing Duplexes and Center 301 Apartments. Brand new home developments in the area include Inspired Homes by Kensington Farms (Over 200 Sold Lots), Hook Farms New Home Community (53 Sold Building Lots), Inspired Homes at Kessler Ridge (90 Sold Lots) and Sundance Ridge. Colleges and universities nearby this Walgreens Property include CBSS, Taylor Nursing Academy, Calvary University, Avila University and The University of Central Missouri (7,345 Enrolled Students). Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of people every day. Walgreens is a trusted global innovator in retail pharmacy with more than 12,500 locations in the United States, Europe and Latin America. Walgreens employs over 331,000 people and its portfolio of consumer brands includes Walgreens, Boots, Duane Reade and No7 Beauty.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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