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250 E 4th St
Eureka, MO 63025
Walgreens · Retail Property For Sale

Investment Highlights

  • High Renewal Likelihood Driven by Long-Term Tenure and Strong Sales
  • Affluent and Growing Consumer Base
  • Significant Residential and Infrastructure Investment in Eureka
  • Established Retail Location with Excellent Access and Visibility
  • High-Quality Construction on a Large Parcel

Executive Summary

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Walgreens located in Eureka, Missouri (“The Property”). The Property consists of a 14,560-square-foot freestanding retail building on a 1.80-acre parcel of land. Walgreens operates under an absolute NNN lease with more than four years remaining on the base term, offering a passive, low-management investment backed by long-term tenant occupancy and strong in-store performance. In the most recent year, the store reported $3.2 million in sales — well above the national Walgreens average — underscoring the site’s continued value within the company’s retail footprint and supporting long-term renewal potential.
The Property is strategically located just off the I-44 interchange at MO-109, with direct visibility and access along both MO-109 and East 4th Street. Combined traffic counts exceed 79,000 vehicles per day, providing excellent regional exposure in one of St. Louis County’s most affluent and fastest-growing municipalities. The surrounding retail corridor is anchored by Walmart and Schnucks, drawing consistent daily traffic and reinforcing the Property’s position as a key destination for essential retail. Within a three-mile radius, average household income is $161,484 and growing at 2.74% annually, with population and household growth also trending upward—indicating strong long-term demand for essential retail services.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,560 SF
Building Class
B
Year Built
2004
Price
$5,346,600 CAD
Price Per SF
$367.21 CAD
Cap Rate
8.03%
NOI
$429,135 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.31 AC
Zoning
MI

Property Taxes

Property Taxes

Parcel Number
29V-34-0540
Land Assessment
$205,535 CAD
Improvements Assessment
$659,194 CAD
Total Assessment
$864,728 CAD
  • Listing ID: 36921700

  • Date on Market: 2025-07-25

  • Last Updated:

  • Address: 250 E 4th St, Eureka, MO 63025

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