Retail Property Near Industrial
3720 N Kingshighway Blvd St Saint Louis, MO
For Sale
Contact for pricing
Retail property with drive-thru, high visibility, and strong traffic.
Property Size14,820 SF
Lot Size1.57 Acres
Price / SF$359.92
Days on Market502
Property Features for 3720 N Kingshighway Blvd St
General Information
- Standard status
- Active
- Size
- 14,820 SF
- Lot size
- 1.57 Acres
- Property subtype
- RETAIL
Listing Agency:
CBRE - El Segundo
(916) 471-8780
Listed By:
Kent Presson
(916) 471-8780
Source:
Moodyscre
Added: Mar 10, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - El Segundo
Investment Insights
Based on property information with market context.
This retail property benefits from its location on the hard, signalized corner of Natural Bridge Ave & Kingshighway Blvd, which has combined daily traffic counts exceeding 55,700 vehicles per day. The property also features a dedicated drive-thru, which adds convenience and increases sales. The property is adjacent to the Mark Twain/I-70 Industrial neighborhood, which features prominent employers including Pepsi Beverages, Triad Manufacturing Inc, Clark Logistic Services, and Shapiro Metal Supply. This industrial neighborhood increases daytime population and traffic near the property. The University of Missouri-St. Louis (USML) is located less than 5 miles away. Student enrollment exceeds 15,200 with 680 full-time academic staff members. The property size is 14,820 square feet.
Key Highlights
- Corporately guaranteed lease by Walgreens Boots Alliance, a top 10 US retailer.
- High visibility location on a hard, signalized corner with 55,700+ vehicles per day.
- Features a dedicated drive‑thru, enhancing customer convenience.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $330.8k | $22.32 |
| − Vacancy | −$46.0k | −$3.10 |
| EGI | $284.8k | $19.22 |
| − OpEx | −$85.4k | −$5.77 |
| NOI | $199.4k | $13.45 |
14,820 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.85M
$2.49M – $3.32M
NOI $199,363 @ 7.0% cap · market cap 3.74%
Second Best
Specialty Retail
$909.8K
$796.1K – $1.06M
NOI $63,689 @ 7.0% cap · market cap 1.19%
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M
NOI $222,644 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar Off Market Nearby
- BJC Behavioral Health Pharmacy — 1430 Olive St # 500, St. Louis, MO 63103
- Lori A. Buss, PharmD — 1430 Olive St, St. Louis, MO 63103
- Genoa Healthcare — 1430 Olive St Room P, St. Louis, MO 63103
- Todd Loeffler — 4140 South Broadway, St. Louis, MO 631184604
- Jeanette Korpecki — 1430 Olive St # 500, St. Louis, MO 631032303
FAQs
What type of property is this?
Drug store - Retail property with drive-thru, high visibility, and strong traffic.
Where is this drug store located?
The property is located at 3720 N Kingshighway Blvd St Saint Louis, MO.
What is the asking price?
The asking price for this property is $5,334,000.
What are key features of this property?
This property features: Corporately guaranteed lease by Walgreens Boots Alliance, a top 10 US retailer.; High visibility location on a hard, signalized corner with 55,700+ vehicles per day.; Features a dedicated drive‑thru, enhancing customer convenience.
