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Drive-Thru Walgreens Investment
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3845 Broadway Blvd, Kansas City, MO 64111

Net leased, corporate guaranteed Walgreens with drive-thru capability and 2 years remaining on an original 20-year lease.

Property Size15,120 SF
Lot Size2.15 Acres
Days on Market124

Property Features for 3845 Broadway Blvd

General Information

Standard status Active
Size 15,120 SF
Lot size 2.15 Acres
Property subtype Retail

Site & Location

Traffic Count 33,500 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2000
Tenancy Single
Listing Agency: SRS Real Estate Partners New York
Listed By: Britt Raymond · License #NY 10491212709
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 11:23PM

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 SRS Real Estate Partners New York

Investment Insights

Based on property information with market context.

SRS National Net Lease Group is pleased to offer fee simple ownership of a net leased Walgreens investment property with drive-thru equipment. Built in 2000, the Walgreens building totals 15,120 square feet and sits on 2.15 acres. The property is operated by Walgreens, which has been operating the location for the past 18 years, under an original 20-year lease with 2 years remaining and eight (5-year) options to extend.

The site is positioned just south of Kansas City’s city center at the signalized, hard corner intersection of Broadway Blvd and 39th Street, with a combined count of 33,500 vehicles passing each day. The property is also less than a mile from Interstate 35 and under a mile from Saint Luke’s Hospital of Kansas City.

The surrounding retail corridor includes retailers such as Whole Foods Market, The Home Depot, Costco, CVS Pharmacy, Marsh’s Sun Fresh Market, and several other national brands, supporting continued consumer traffic in the area.

Key Highlights

  • Fee simple ownership net leased Walgreens with corporate guarantee
  • Built in 2000; 15,120 SF building on 2.15 acres with drive‑thru capability
  • Walgreens has operated the location for the past 18 years

Property Analytics

Current Use

SemaConnect Charging Station Electric Vehicle Charging Station Chaz Washington Pharmacy Susan Young Pharmacy Coinhub Bitcoin ATM ... Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Electrical Service Auto Parts Store Daycare Center Pet Grooming Service Carpet & Flooring Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,985
Businesses Nearby
243k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 21% Home Improvements & Furnishings 9% Office Supplies 7%
Raising Cane's Chicken Fingers Dining
44,754 visits/mo 0.3 miles
McDonald's Dining
24,755 visits/mo 0.2 miles
Starbucks Dining
24,306 visits/mo 0.5 miles
World Market Home Improvements & Furnishings
21,011 visits/mo 0.3 miles
Office Depot Office Supplies
17,290 visits/mo 0.5 miles

Demographics for 64111, MO

17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value

Market

Vacancy Rate% for Retail in Kansas City, MO

7.7% 2019
8.4% 2020
7.3% 2021
6.6% 2022
6.6% 2023
5.5% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Albers Medical Pharmacy 4400 Broadway Blvd #106, Kansas City, MO 64111
  • Tracy J. McCombs, Pharm 4401 Wornall Rd, Kansas City, MO 64111, United States
  • Leigh A. Nelson, PharmD 4330 Wornall Road, Kansas City, MO 64111, Kansas City, MO 64111
  • Kimberly N. Day, PharmD 4401 Wornall Rd, Kansas City, MO 64111, United States
  • Saint Luke's Hospital Outpatient Pharmacy 4401 Wornall Rd, Kansas City, MO 64111

Frequently Asked Questions

What type of property is this?
Drug store - Net leased, corporate guaranteed Walgreens with drive-thru capability and 2 years remaining on an original 20-year lease.
Where is this drug store located?
The property is located at 3845 Broadway Blvd Kansas City, MO.
What are key features of this property?
This property features: Fee simple ownership net leased Walgreens with corporate guarantee; Built in 2000; 15,120 SF building on 2.15 acres with drive‑thru capability; Walgreens has operated the location for the past 18 years
(973) 632-1386 Call to check price and availability
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