1214 W Foxwood Dr, Raymore, MO 64083

This commercial property is an absolute NNN leased Walgreens store with 6 years remaining on the lease and ten, five-year options left. The store is a 14,500 square foot prototype. The lease is corporately guaranteed by Walgreens Boots Alliance, Inc. The property is positioned on a hard corner at a signalized intersection with strong visibility and traffic counts exceeding 25,000 vehicles per day. It is located on a main retail corridor with national tenants including McDonald’s, Chick-Fil-A, Taco Bell, Culver’s, Lowes, Whataburger, Wendy’s, Dairy Queen, Walmart Supercenter, Tractor Supply, Sam’s Club, and Anytime Fitness. The site is one mile from I-49, directly on Highway 58. In 2024, the tenant invested more than $700,000 in renovations to the parking lot, curbs, and sidewalks. The closest Walgreens in Belton, MO, was closed in 2024 as part of an apparent consolidation effort to this location. The property is less than 23 miles from downtown Kansas City, and Raymore is part of the Kansas City MSA with over 2.2 million people. Raymore has consistently been one of the fastest-growing cities in Missouri and was the 66th fastest-growing city in the United States in 2024, according to the US Census. There are more than 35,700 people within a three-mile radius and more than 71,000 people within a five-mile radius. The store is surrounded by a strong residential presence, including newly built homes and apartments. The S&P credit rating is BB.