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Purchase Price: $5,120,000.00 | Cap Rate: 7.4%
For more information, contact:
Joseph S. Hill, CCIM, SIORSenior Vice President314 584 [email protected]
Erin P. Torney, JD, MBAVice President314 584 [email protected]
Colliers International101 South Hanley RoadSuite 1400St. Louis, MO 63105314 863 4447colliers.com/stlouis
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2018. All rights reserved.
PROPERTY OVERVIEW
Address 11404 St. Charles Rock RoadBridgeton, MO 63044
Year Built 2001
Building Size 15,120 SF
Remaining 3.5 years (Eight 5-year options)Term
Single Tenant NNN Investment Opportunity11404 St. Charles Rock Road | Bridgeton, MO 63044
INVESTMENT HIGHLIGHTSStrong Real Estate Fundamentals• Located at a major intersection
• Drive-thru enhances residual value for future use
• Minimal landlord responsibilities
Investment Grade Tenant• Walgreen Co., a subsidiary of Walgreens Boots
Alliance, Inc.
• NYSE: WAG | S&P BBB | Moody’s Baa2
Established Location• High traffic retail corridor
• Centrally located in mature retail market
• Close proximity to dense residential neighborhoods
• History of strong store sales
DOWNLOADConfidentiality Agreement
DEMOGRAPHICS
Population
Median Age
Average HH Income
Employees
Businesses
166,076
38.3
$72,660
172,008
8,480
5 miles3 miles
60,747
39.1
$67,878
50,286
2,670
1 mile
6,867
43.0
$79,204
5,140
293
23,912 VPD ST. CHARLES ROCK RD
Single Tenant NNN Investment Opportunity11404 St. Charles Rock Road | Bridgeton, MO 63044
