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Walgreens 3740 W Truman Blvd 14,820 SF Retail Building Jefferson City, MO 65109 $3,778,373 CAD ($254.95 CAD/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • ~4 years remaining on absolute net corporate Walgreens lease
  • Excellent intrinsics – extremely low rent ($16.60/SF) & price per foot ($184)
  • Ideally positioned off Highway 50 with multiple points of ingress/egress and large traffic counts – 31,000+ VPD
  • 20+ year operating history demonstrating strong long-term performance at this location
  • Subject property located across from Capital Mall – a 350,000+ regional shopping center
  • Affluent residential trade area – $99,000 average household incomes within a 1-mile radius of the subject property

EXECUTIVE SUMMARY

Well below market rent corporate Walgreens with 20+ year operating history at this location. The subject property is located across from Capital Mall – a 92% occupied regional shopping center with major national anchors including JCPenney, Dillard’s, Ross, and Ollie’s and subject to 3.5 million annual visitors.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2005
Price
$3,778,373 CAD
Price Per SF
$254.95 CAD
Cap Rate
9%
NOI
$340,095 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.49 AC
Zoning
C-1 - Commercial Development
Parking
30 Spaces (2.02 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Starbucks
Hy-Vee
LongHorn Steakhouse
The YMCA
Natural Grocers
Chili's Grill & Bar
First Mid Bank
Planet Fitness
Champs Chicken

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-0.2-09-000-200-200-1002
Land Assessment
$172,273 CAD
Improvements Assessment
$712,527 CAD
Total Assessment
$884,800 CAD
  • Listing ID: 37961593

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 3740 W Truman Blvd, Jefferson City, MO 65109

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