Walgreens Drive-Through Retail
For Sale
Contact for pricing
Pending
1711 N Morley St, Moberly, MO 65270
Long term absolute NNN lease with 5% rent increases every five years and a drive-through lane on a signalized corner.
Property SizeContact for details
Days on Market117
Property Features for 1711 N Morley St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Aug 4 at 11:37AM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
The property operates under a long-term Absolute NNN lease with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. The lease structure includes 5% rent increases every five years during the original term, plus 12, five-year renewal options if exercised. The tenant offering includes a critical drive-through lane configuration.
Located on a signalized corner of N. Morley Avenue and Highway 24, the site benefits from combined traffic counts of 25,639 VPD. The Walgreens sits within a dense retail corridor surrounded by national tenants including Walmart Supercenter, Aldi, Ace Hardware, KFC, Burger King, Super 8, and multiple others listed in the remarks. Moberly Regional Medical Center, with 99 beds and over 400 healthcare professionals, is also noted as being in the local market.
Located on a signalized corner of N. Morley Avenue and Highway 24, the site benefits from combined traffic counts of 25,639 VPD. The Walgreens sits within a dense retail corridor surrounded by national tenants including Walmart Supercenter, Aldi, Ace Hardware, KFC, Burger King, Super 8, and multiple others listed in the remarks. Moberly Regional Medical Center, with 99 beds and over 400 healthcare professionals, is also noted as being in the local market.
Key Highlights
- Long term absolute NNN lease with no landlord management or maintenance responsibilities.
- Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- 5% rent increases every five years during the original term, plus 12 five‑year renewal options if exercised.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65270, MO
17,565
Population
7,187
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
155
Density / Sq Mi
$47,354
Median Household Income
$33,089
Median Earnings
$753
Median Rent
$143,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Long term absolute NNN lease with 5% rent increases every five years and a drive-through lane on a signalized corner.
Where is this drug store located?
The property is located at 1711 N Morley St Moberly, MO.
What are key features of this property?
This property features: Long term absolute NNN lease with no landlord management or maintenance responsibilities.; Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every five years during the original term, plus 12 five‑year renewal options if exercised.
