Drug Store

Walgreens

801 S Limit Ave, Sedalia, MO 65301

Listing Price: $29,061,189

Cap Rate
6.84%
Tenant Name
Walgreens
Years Remaining On Lease
7.70
Gross SF
13,650
Guarantor
Corporate Guarantee
Rentable SF
13,650
Price/Gross SF
$2,129.02
Lease Type
Absolute Net
Rent Per Square Feet
$25.34

Investment Overview

This 13,650-square-foot Walgreens property is strategically located at the heavily trafficked signalized intersection of Limit Avenue and Broadway Boulevard which experiences traffic counts in excess of 22,000 vehicles per day. Limit Avenue is the primary north-south thoroughfare in the trade area while Broadway Boulevard is the primary east-west thoroughfare. The property is located approximately one-half mile north of the grounds of the Missouri State Fair. Since 1901, the state fair of Missouri has been held in Sedalia. In 2009, there were nearly 340,000 people who attended the fair. The Walgreens property benefits from its location within a dominant retail destination. The property is positioned at the premiere intersection in the city of Sedalia. Retailers located in the immediate trade area include Walmart Supercenter, Lowe’s, Menards and Aldi.

Investment Highlights

  • Eight Years Remaining on a Triple-Net Lease
  • Strong Store Sales
  • Sits on a Hard, Signalized Corner with High Traffic Counts

Exclusively Listed By

Listing Price: $29,061,189

Cap Rate
6.84%
Tenant Name
Walgreens
Years Remaining On Lease
7.70
Gross SF
13,650
Guarantor
Corporate Guarantee
Rentable SF
13,650
Price/Gross SF
$2,129.02
Lease Type
Absolute Net
Rent Per Square Feet
$25.34

Investment Highlights

  • Eight Years Remaining on a Triple-Net Lease
  • Strong Store Sales
  • Sits on a Hard, Signalized Corner with High Traffic Counts

Investment Overview

This 13,650-square-foot Walgreens property is strategically located at the heavily trafficked signalized intersection of Limit Avenue and Broadway Boulevard which experiences traffic counts in excess of 22,000 vehicles per day. Limit Avenue is the primary north-south thoroughfare in the trade area while Broadway Boulevard is the primary east-west thoroughfare. The property is located approximately one-half mile north of the grounds of the Missouri State Fair. Since 1901, the state fair of Missouri has been held in Sedalia. In 2009, there were nearly 340,000 people who attended the fair. The Walgreens property benefits from its location within a dominant retail destination. The property is positioned at the premiere intersection in the city of Sedalia. Retailers located in the immediate trade area include Walmart Supercenter, Lowe’s, Menards and Aldi.

Exclusively Listed By

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