Drug Store
Walgreens
1214 W Foxwood Dr, Raymore, MO 64083
Listing Price: $4,168,188
Cap Rate
8.00%
Tenant Name
Walgreens
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
14,500
Lease Type
Absolute Net
Rent Per Square Feet
$23.00
Investment Overview
This investment is being offered at $4,168,188 which represents an 8% cap rate
Walgreens
Investment Highlights
- Absolute NNN Lease with 6.7 years remaining
- Positioned on a hard corner at a signalized intersection (Site sees 25,000+ VPD)
- Located on a main retail corridor with national tenants including McDonald's, Chick-Fil-A, Taco Bell, Culver's, Whataburger, Lowe's, Walmart Supercenter, Tractor Supply, Sam's Club, Anytime Fitness
- Tenant spent over $700,000 in renovations to the parking lot, curbs and sidewalk in 2024
- Raymore is one of the fastest growing cities in Missouri and was the 66th fastest growing city in the United States in 2024 (2024 US Census)
- Consolidation effort to this location as the closest Walgreens in Belton, MO was closed in 2024
- Store is surrounded by a growing residential presence including newly built homes and apartments
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,168,188
Cap Rate
8.00%
Tenant Name
Walgreens
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
14,500
Lease Type
Absolute Net
Rent Per Square Feet
$23.00
Investment Highlights
- Absolute NNN Lease with 6.7 years remaining
- Positioned on a hard corner at a signalized intersection (Site sees 25,000+ VPD)
- Located on a main retail corridor with national tenants including McDonald's, Chick-Fil-A, Taco Bell, Culver's, Whataburger, Lowe's, Walmart Supercenter, Tractor Supply, Sam's Club, Anytime Fitness
- Tenant spent over $700,000 in renovations to the parking lot, curbs and sidewalk in 2024
- Raymore is one of the fastest growing cities in Missouri and was the 66th fastest growing city in the United States in 2024 (2024 US Census)
- Consolidation effort to this location as the closest Walgreens in Belton, MO was closed in 2024
- Store is surrounded by a growing residential presence including newly built homes and apartments
Investment Overview
This investment is being offered at $4,168,188 which represents an 8% cap rate
Exclusively Listed By
Broker of Record
Financing By
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