Walgreens NNN Property For Sale — Saint Charles, MO
2329 W Clay St, Saint Charles, MO 63301
This absolute net leased Walgreens is located in Saint Charles, Missouri, a thriving suburb of the St. Louis Metropolitan Statistical Area. The property features a freestanding 17,612-square-foot building with a drive-thru on a spacious 2.60-acre parcel, offering prime real estate in a strong retail corridor. Saint Charles is a significant commercial and employment hub, supported by diverse industries such as healthcare, aerospace, manufacturing, telecommunications, and higher education. The area boasts a stable and growing employment base with major employers including Boeing and Lindenwood University. The property is surrounded by dense residential developments and is in close proximity to several higher education institutions and established retail destinations. Walgreens recently rene…
- Address: 2329 W Clay St, Saint Charles, MO 63301
- Asking price $3.84M
- 6.75% cap rate
- NOI $258,960
- 12.4 years remaining
- NNN lease
- Building size: 17,612 SF
- Lot size: 2.60 acres
- Lease expiration: Nov 30, 2038
- Rent increases: 5% every 5 years
- Guarantor: Corporate
Location
This Walgreens property is at 2329 W Clay St in Saint Charles, Missouri.
Asset type: Drug Store