12345 SAINT CHARLES ROCK RD, Bridgeton, MO 63044
Single-tenant Walgreens property offered for sale with 12 years remaining on an absolute NNN lease.
- Added:
- Jun 12, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 9:07 am
Property Features for 12345 SAINT CHARLES ROCK RD
General Information
- Standard status
- Active
- Size
- 14,293 SF
- Property subtype
- RETAIL
Listing agent Justin Zahn (480) 718-5555
Listing office Commercial Investment Advisors (CIA) - Corporate (480) 718-5555
Listing date Jun 12, 2026
Source Moodyscre
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 Commercial Investment Advisors (CIA) - Corporate
HighLights
- Single‑tenant Walgreens property with 12 years remaining on an initial 15‑year absolute NNN lease.
- Lease features 5% rental escalations every 5 years.
- Walgreens tenant: Walgreen Co., operating 8,043 locations as of February 2026.
- Tenant is ranked 1,538th out of 6,714 Walgreene stores in North America (2026 per Placer.ai).
Overview
The property is located at 12345 Saint Charles Rock Rd in Bridgeton, Missouri. As an NNN retail pharmacy location, it is designed to support the day-to-day operating needs of a national pharmacy tenant.
For buyers seeking a single-tenant, pharmacy-branded NNN investment, this offering provides a long remaining lease horizon with defined escalations. The absolute NNN structure shifts responsibility for many property-level expenses to the tenant under the lease terms, making the asset appealing to those focused on tenant-backed cash flow characteristics during the remaining lease period.
Local 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 | $319.0k | $22.32 |
| − Vacancy | −$44.3k | −$3.10 |
| EGI | $274.7k | $19.22 |
| − OpEx | −$82.4k | −$5.77 |
| NOI | $192.3k | $13.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bridgeton
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.428727
- Latitude
- 38.754169
