Walgreens Drive-Through Retail
1711 N Morley St Moberly, MO 65270
1711 N Morley St, Moberly, MO, 65270
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For Sale
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Pending
Long term absolute NNN lease with 5% rent increases every five years and a drive-through lane on a signalized corner.
Days on Market102
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 Updated: Jul 21 at 5:43AM Checked: Jul 21 at 5:43AM
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
Location Intelligence
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(Bike/Boat/Book/etc) Store
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FAQs
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.
