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    3740 W Truman Blvd Jefferson City, MO 65109

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    For Sale
    Contact for pricing

    Corporate Walgreens with 20+ year operating history and low rent.

    Lot size:
    1.49 Acres

    Property Features for 3740 W Truman Blvd

    General Information

    Lot size
    1.49 Acres

    Source: John Andreini Agent John Andreini

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

    Overview

    Walgreens Retail Property For Sale

    This corporate Walgreens property has a 20+ year operating history at its current location. Approximately 4 years remain on the absolute net corporate Walgreens lease. The property is positioned across from Capital Mall, a regional shopping center with a 92% occupancy rate. Major national anchors at the mall include JCPenney, Dillard’s, Ross, and Ollie’s, attracting approximately 3.5 million annual visitors. The property benefits from excellent intrinsic value, featuring an extremely low rent of $16.60 per square foot and a price of $184 per foot. It is ideally positioned off Highway 50, offering multiple points of ingress and egress and high traffic counts exceeding 31,000 vehicles per day. The surrounding residential trade area is affluent, with average household incomes of $99,000 within a 1-mile radius.
    Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Redbox Movie Rental Kiosk Walgreens Drug Store Walgreens Pharmacy Pharmacy FedEx OnSite Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    ReLeaf CBD Jefferson City, Walgreens Pharmacy, Nathan Oberg, Pharm, Laura Esch, PharmD, COVID-19 Drive-Thru Testing at Walgreens

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson City
    County
    Cole
    State
    Missouri
    Longitude
    -92.256925
    Latitude
    38.5860839

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    FAQs

    What type of property is this?
    Drug store - Corporate Walgreens with 20+ year operating history and low rent.
    Where is this drug store located?
    The property is located at 3740 W Truman Blvd Jefferson City, MO.
    What are key features of this property?
    This property features: - Well below market rent corporate Walgreens with 20+ year operating history.; - Located across from Capital Mall, a regional shopping center with major national anchors and high visitor traffic.; - Absolute net corporate Walgreens lease.
    (415) 274-2715
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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
    3740 W Truman Blvd Jefferson City, MO 65109
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