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Walgreens

$2,733,000

3740 West Truman Boulevard, Jefferson City, MO 65109

Active
Last Updated: 10/06/2025

9

Cap Rate

246,000

NOI

Details:
Cap Rate:    9%
NOI:    $246,000
Lot Area:    1.49 acres
Lease Type:    Absolute Net
Tenancy:    Single
Highlights:
  • ~4 years remaining on absolute net corporate Walgreens lease
  • 20+ year operating history demonstrating strong long-term performance at this location
  • Excellent intrinsics – extremely low rent ($16.60/SF) & price per foot ($184)
  • Subject property located across from Capital Mall – a 350,000+ regional shopping center
  • Ideally positioned off Highway 50 with multiple points of ingress/egress and large traffic counts – 31,000+ VPD
  • Affluent residential trade area – $99,000 average household incomes within a 1-mile radius of the subject property
Description:

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.

Map:
Documents:
Title
Walgreens_JeffersonCityMO.pdf
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Location
Gallery