1030 Main Street, Lexington, MO 64067

Building Details

Year Built

1900

Listing office RE/MAX Heritage j***@aol.com Show Phone

Listing date Jul 5, 2026

Source Coloniallistings

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Overview

This offering presents a single-tenant drug store building, positioned for an operator that values operational continuity under an existing long-term lease. The property is marketed for ownership with a corporate guaranty in place and rental increases of 5% applied at each renewal period.

The asset is located at 1030 Main Street in a historic town setting, offering the familiarity and stability many tenants seek for day-to-day retail service. Public remarks indicate the building is occupied by a national tenant under an extended tenancy.

For buyers and investors evaluating a leased retail building, the combination of a long-term lease, corporate guaranty, and scheduled 5% rental increases each renewal provides a defined framework for lease renewals. This structure is typically most attractive to parties looking for a straightforward, single-tenant retail investment rather than a multi-tenant leasing model. Please review the available lease terms and guaranty details as part of your due diligence.

Suggested Use

Real Estate Agency Parking Lot & Garage HVAC Service Hair Salon Electrical Service Dental Office Kitchen & Bath Showroom Skin Care Clinic Big Box & Wholesale Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• CVS — 1030 Main St, Lexington, MO 64067
• CVS Pharmacy — 1030 Main St, Lexington, MO 64067
• Minuteman Pharmacy — 545 S Business Hwy 13, Lexington, MO 64067

Location Insight

• Map
• Local Demand

City

Lexington

County

Lafayette

State

Missouri

Longitude

-93.883227

Latitude

39.185581

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FAQs

What type of property is this?

Drug store - Own a single-tenant drug store with a long-term lease and corporate guaranty.

Where is this drug store located?

The property is located at 1030 Main Street Lexington, MO.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Single‑tenant drug store building built in 1900; Long‑term lease in place; Corporate guaranty provided