Walgreens - Saint Peters, MO

SIGNALIZED CORNER WITH IMMEDIATE INTERSTATE ACCESS: Walgreens is incredibly well positioned along the signalized corner of Salt Lick Road and Boschert Landing Blvd. Located less than half a mile from Interstate-70, Walgreens benefits from 147,000+ vehicles utilizing this vital highway system daily.
ABSOLUTE NNN LEASE: This lease offers zero landlord responsibilities ideal for an investor looking for an extremely passive and secure investment. The lease has ± 7.5 years remaining with Ten, 5-year option periods.
IDEAL DEMOGRAPHICS: Saint Peters is found 30 miles West of St. Louis, MO. The average household income within a 5-mile radius is ±$105,000 which accounts for 133,000+ residents.
ST. LOUIS, MO MSA: The greater St. Louis, MO metropolitan area is home to over 2.8 million residents making it the largest metro in the state.
CRITICAL DRIVE-THRU LANE: Drive-thru lanes proved to be critical for retailers through the pandemic, and as total sales volume for restaurants, pharmacy and bank properties last year hit a record $12 Billion, the interest in drive-through real estate has exploded.
INVESTMENT GRADE CREDIT TENANT: Rent is guaranteed by Walgreens Corporate, a Fortune 500 company boasting an S&P credit rating of BBB and a ±$31 billion market cap.

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