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Former Walgreens Retail Space Sublease
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1225 Union Blvd, Saint Louis, MO 63113

15,120 SF retail space available for sublease.

Space Size15,120 SF
Lot Size0.45 Acres
Days on Market962

Property Features for 1225 Union Blvd

General Information

Standard status Active
Size 15,120 SF
Lot size 0.45 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1225 Union Blvd
1225 Union Blvd $9.50/SF/Yr
Floor Bldg
Size 15,120 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease Yes
- 15,120 Sf Former Walgreens Available For Sublease - Firm Lease Term Through 1/31/2029 - 134,589 Population Within 3 Miles - Sublease Rate Is $9.50 Psf
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Listing Agency: L3 Corporation
Listed By: John Notter
Source: Moodyscre
Added: Feb 16, 2024 Changed: Sep 28 Last Checked: Oct 4 at 12:32PM

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 L3 Corporation

Investment Insights

Based on property information with market context.

This 15,120 square foot retail space, formerly a Walgreens, is available for sublease. The firm lease term extends through January 31, 2029. The location benefits from a substantial population base, with 134,589 residents within a 3-mile radius. The sublease rate is $9.50 per square foot.

Key Highlights

  • 15,120 SF former Walgreens location available for sublease.
  • Firm lease term through 1/31/2029.
  • High population density: 134,589 within 3 miles.

Property Analytics

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Current Use

Drug stores

Suggested Use

Top Pick Building Supply Law Firm Electrical Service Real Estate Agency Accounting Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,302
Businesses Nearby
78k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 38% Dining 32% Groceries 16% Shops & Services 13%
McDonald's Dining
22,069 visits/mo 0.5 miles
Marriott St. Louis Grand Hotels & Casinos
13,023 visits/mo 0.1 miles
Schnucks Groceries
12,829 visits/mo 0.0 miles
Holiday Inn St. Louis - Downtown Conv Ctr Hotels & Casinos
7,878 visits/mo 0.2 miles
Hampton Inn St. Louis-Downtown at the Gateway Arch Hotels & Casinos
6,458 visits/mo 0.4 miles

Demographics for 63113, MO

10,882
Population
7,400
Households
1.5
Avg Household Size
41
Median Age
17%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
4,185
Density / Sq Mi
$38,647
Median Household Income
$29,648
Median Earnings
$914
Median Rent
$75,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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  • Jeanette Korpecki — 1430 Olive St # 500, St. Louis, MO 631032303

Frequently Asked Questions

What type of property is this?
Drug store - 15,120 SF retail space available for sublease.
Where is this drug store located?
The property is located at 1225 Union Blvd Saint Louis, MO.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 15,120 SF former Walgreens location available for sublease.; Firm lease term through 1/31/2029.; High population density: 134,589 within 3 miles.
(314) 282-9825 Call to check price and availability
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