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    903 Benham St Bonne Terre, MO 63628

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    For Sale
    $1,063,000

    Retail property with tenant in place and lease options.

    Property size:
    3,966 SF
    Lot size:
    1.09 Acres

    Property Features for 903 Benham St

    General Information

    Size
    3,966 SF
    Lot size
    1.09 Acres

    Source: SRS Real Estate Partners - Corporate Agent Grayson Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with Lease in Place

    This retail property is occupied by Walgreen Co., which has approximately 4+ years remaining on its lease. The lease includes 9 (5-year) options to extend, indicating the tenant's long-term commitment to the location. The lease specifies a flat rent structure for the remainder of the term. The tenant is currently paying annual rent at $21 per square foot. The property encompasses a total area of 3,966 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    FedEx OnSite Mailing Service Allen Street Apothecary Pharmacy Walgreens Drug Store Walgreens Photo Passport Photo Processor Walgreens Pharmacy Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Allen Street Apothecary, Walgreens, Walgreens Pharmacy, COVID-19 Drive-thru Testing at Walgreens, Walgreens- Bonne Terre

    Location Insight

    • Map
    • Local Demand
    City
    Bonne Terre
    County
    St. Francois
    State
    Missouri
    Longitude
    -90.5413464
    Latitude
    37.9220761

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    FAQs

    What type of property is this?
    Drug store - Retail property with tenant in place and lease options.
    Where is this drug store located?
    The property is located at 903 Benham St Bonne Terre, MO.
    What is the asking price?
    The asking price for this property is $1,063,000.
    What are key features of this property?
    This property features: - Tenant (Walgreen Co.) commitment to the site demonstrated by approximately 4+ years remaining on the lease with 9 (5-year) options to extend.; - Low annual rent currently being paid at $21 PSF.; - Lease features flat rent throughout the remainder of the term.
    (214) 226-5584
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    903 Benham St Bonne Terre, MO 63628
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    Bonne Terre, MO 63628
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    903 Benham St Bonne Terre, MO 63628
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