110 Walnut Street

110 Walnut Street, Highland, IL 62249

  • For Sale $4,308,000
  • Property Type Retail - Freestanding
  • Property Size 14,820 SF
  • Lot Size 1.35 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 27, 2024
SITUATED ACROSS THE MISSISSIPPI RIVER – STRATEGICALLY LOCATED IN THE ST. LOUIS, MO MSA • ST. LOUIS IS A “GAMMA” GLOBAL CITY THAT BOASTS A METROPOLITIAN GDP OF MORE THAN $160 BILLION • 21ST LARGEST CITY IN THE UNITED STATES, WITH A HIGHLY DIVERSIFIED INDUSTRY STRUCTURE KEEPING ECONOMIC GROWTH • MINUTES FROM DOWNTOWN HIGHLAND, NEAR NATIONAL TENANTS SUCH AS, MCDONALDS, WALMART, DOLLAR GENERAL, O’REILLY AUTO PARTS AND MORE SUBJECT PROPERTY IS LESS THAT 1 MILE FROM ST. JOSEPHS HOSPITAL • ST. JOSEPHS HAS BEEN SERVING THE HIGHLAND AND SURROUNDING COMMUNITY FOR OVER 135 YEARS • HSHS HAS 14 HOSPITALS LOCATED ALL OVER WISCONSIN AND ILLINOIS AND SERVES ABOUT 2 MILLION • HSHS HAS OPERATED FOR OVER 150 YEARS AND EMPLOYS AROUND 12,830 COLLEAGUESStrong Reported Sales – 10% Rent to Sales Ratio – Mitigated Future Vacancy Risk Early Lease Extension (July 2024) – 11.5 Years Remaining on Absolute NNN Lease Out Positions & Outperforms CVS within Highland Market – Walgreens Receives Double the Customer Visits (Source: Placer.ai) Critical Business Driver - Less than 1 Mile from HSHA St. Joseph’s Hospital – Serving Highland and Surrounding Communities for over 135 Years The fee simple interest of a Walgreens investment property located in Highland, Illinois (the “Property”). Built in 2004, the Property consists of a 14,820-square-foot retail building with a drive-thru that sits on an approximately 1.35-acre parcel. Walgreens shows commitment to this site with a newly inked lease extension that just commenced. This location has strong reported sales and a healthy 10% rent to sales ratio. Absolute-NNN lease structure and no landlord responsibilities.

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Attachments

Contacts

broker

Ryan Bennett

Lee & Associates - North San Diego

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Highland, IL
  • Zip Code 62249
  • Market St Louis

Points of Interest

  • Shell

    3.51 miles

  • BP

    9.35 miles

  • C. C. Food Mart Shell Station

    9.80 miles

  • Amstar

    9.82 miles

  • Casey's General Store

    9.86 miles

  • Highland Diner

    0.21 miles

  • The Railshake Brewery

    0.24 miles

  • China Restaurant

    0.56 miles

  • Blue Springs

    3.65 miles

  • Diamond Mineral Springs

    5.77 miles

  • The Back Porch

    5.78 miles

  • Pizza Market

    9.80 miles

  • Trenton House

    9.84 miles

  • Kain Tayo

    9.84 miles

  • Dairy King

    9.85 miles

  • Walmart Supercenter

    0.91 miles

  • IGA

    9.78 miles

  • Trenton Processing

    9.86 miles

Frequently Asked Questions

How much does 110 Walnut Street cost?

The space currently listed for sale at 110 Walnut Street asks for $4,308,000.

What is the total square footage of 110 Walnut Street?

110 Walnut Street totals 14,820 square feet.

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Contact Listing Broker

broker

Ryan Bennett

Lee & Associates - North San Diego