Walgreens
$2,733,000
3740 West Truman Boulevard, Jefferson City, MO 65109
For Sale
Retail
Free Standing
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.
Documents:
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Walgreens_JeffersonCityMO.pdf
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Location

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