- For Sale $5,334,000
- Property Type Retail
- Property Size 14,820 SF
- Additional Rent Contact for pricing
- Date Updated Oct 31, 2024
2ND LARGEST CITY IN MISSOURI St. Louis is the second-largest city in Missouri and the largest MSA in the entire state. Famous for the 630-foot ‘Gateway Arch’, a monument to the westward exploration of Lewis & Clarke, St. Louis has a diverse economy with strengths in the service, manufacturing, trade, transportation, and tourism industries. The population within a 5-mile radius of the property is 268,347.ABSOLUTE TRIPLE NET (NNN) LEASE
The property is subject to an Absolute Triple Net (NNN) lease with over 6 years remaining on the lease, resulting in zero landlord management responsibilities. The tenant is responsible for taxes, insurance, and all maintenance & repairs at the property, including roof and structure, providing a totally passive ownership structure for an investor.
CORPORATE GUARANTEE FROM WALGREENS | The lease is corporately guaranteed by Walgreens Boots Alliance, the second largest pharmacy retail chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens operates 9,000+ locations and has annual revenue exceeding $139 billion, making it one of the ten largest retailers in the country.
EXCELLENT SITE-LEVEL VISIBILITY & CONVENIENCE | The subject property benefits from its location on the hard, signalized corner of Natural Bridge Ave & Kingshighway Blvd, which has combined daily traffic counts exceeding 55,700 vehicles per day at the intersection. The property also features a dedicated drive-thru, which adds a meaningful level of convenience to the customer experience while also substantially increasing location sales.
MARK TWAIN/I-70 INDUSTRIAL NEIGHBORHOOD | The subject property is adjacent to the Mark Twain/I-70 Industrial neighborhood, which features prominent employers including Pepsi Beverages, Triad Manufacturing Inc, Clark Logistic Services, Shapiro Metal Supply, and many more. This industrial neighborhood greatly increases daytime population and traffic near the subject property.
UNIVERSITY OF MISSOURI-ST. LOUIS | Located less than 5 miles away from the property is the University of Missouri-St. Louis (USML), a public research university. Established in 1963, it is the newest of four universities in the University of Missouri system. Student enrollment exceeds 15,200 with 680 full-time academic staff members.
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Contacts
Location
Getting Around
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Walk Score ®
69/100 Somewhat Walkable -
Transit Score ®
40/100 Some Transit -
Bike Score ®
48/100 Somewhat Bikeable
- City St. Louis, MO
- Neighborhood Penrose
- Zip Code 63115
- Market St Louis
Points of Interest
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Forest Park - DeBaliviere Metrolink
2.70 miles
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Delmar Loop
2.77 miles
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Delmar Loop Metrolink
2.79 miles
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Missouri History Museum/Forest Park
2.91 miles
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Skinker
3.28 miles
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Leland Avenue
3.31 miles
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The Wild Station
3.46 miles
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University City Library
3.46 miles
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Discovery Corner Station
3.55 miles
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Union Station - Elevator Access
4.18 miles
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BP
0.81 miles
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Mobil
1.23 miles
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Crown
2.08 miles
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ChargePoint
3.50 miles
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Tesla Supercharger
3.95 miles
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EV Connect
4.62 miles
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EVgo Charging Station
5.24 miles
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Electric Car Charging Station
5.74 miles
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The Racquet Club parking lot
2.03 miles
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Chase Park Plaza Parking Garage
2.33 miles
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Laclede Garage
2.64 miles
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American Red Cross Parking Garage
2.68 miles
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Scranton Lot
2.73 miles
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Saint Joseph Lot
2.74 miles
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Euclid Garage
2.74 miles
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Fox theater parking garage
2.74 miles
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Holy Cross Parking Lot
2.75 miles
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Parkview Garage
2.75 miles
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McDonald's
0.04 miles
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Subway
0.07 miles
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Rally's
0.08 miles
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Taco Bell
0.11 miles
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Burger King
0.13 miles
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AAA Fish House
0.45 miles
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Wendy's
0.46 miles
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Newstead Chop Suey Cat Fish
0.93 miles
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Arkansas Fried Chicken
1.19 miles
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Popeyes
1.71 miles
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Salama Supermarket
0.45 miles
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Schnucks
0.58 miles
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Save-A-Lot
0.85 miles
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Niko's Grocery Grill
0.85 miles
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Union Market
0.93 miles
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Soll's Gateway Market
1.43 miles
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ALDI
1.80 miles
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99+
2.15 miles
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Target
3.53 miles
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St. Louis Union Station
4.07 miles
Frequently Asked Questions
How much does 3720 Kingshighway Boulevard cost?
The space currently listed for sale at 3720 Kingshighway Boulevard asks for $5,334,000.
What is the total square footage of 3720 Kingshighway Boulevard?
3720 Kingshighway Boulevard totals 14,820 square feet.
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