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917 Chesterfield Pkwy E Chesterfield, MO 63017

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High-yield Walgreens in affluent area

Property size:
14,145 SF
Lot size:
2.08 Acres

Property Features for 917 Chesterfield Pkwy E

General Information

Standard status
Active
Size
14,145 SF
Lot size
2.08 Acres

Building Details

Year built
2003

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Listing Contact
Gabriel Britti
Gabriel Britti
Source: Crexi

Listing Agency: Marcus & Millichap - Issenberg Britti Group Listing Agent: Gabriel Britti

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Chesterfield Walgreens NNN Investment Opportunity

This property features a 14,145-square-foot, free-standing Walgreens building with a drive-thru, situated on a 2.08-acre parcel in Chesterfield, Missouri, approximately 20 miles west of Downtown St. Louis. Located within Chesterfield Village, a mixed-use district with condominiums, apartments, hotels, and an office park, the property benefits from proximity to a large daytime workforce and numerous apartment complexes. The surrounding trade area is densely populated with over 113,000 residents and average household incomes exceeding $148,000 within a 1-mile radius. The property is easily accessible with high visibility, seeing over 9,253 vehicles per day. Adjacent to the property are multiple medical office buildings and surgery centers. A 31-acre Pfizer facility, currently undergoing a $60 million expansion, is located across the street. The office park includes fully occupied office buildings housing regional and national companies. The property is near the I-64 exit and entrance ramps, which see over 81,250 vehicles per day, and the former Chesterfield Mall, where plans exist for a $2 billion mixed-use development. Walgreens originally signed a 25-year absolute NNN lease in 2003, with the current term running through February 28th, 2028, and ten five-year options to extend.
Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Corum Health Services, Inc., Amanda J. Breuer, PharmD, Jacqueline Karth, PharmD, Michael Kneemueller, Valued Pharmacy Services

Location Insight

  • Map
  • Local Demand
City
Chesterfield
County
St. Louis
State
Missouri
Longitude
-90.553313
Latitude
38.6555237

FAQs

What type of property is this?
Drug store - High-yield Walgreens in affluent area
Where is this drug store located?
The property is located at 917 Chesterfield Pkwy E Chesterfield, MO.
What are key features of this property?
This property features: $5,806,451 asking price for a Walgreens-occupied retail property.; Absolute NNN lease with corporate guarantee from Walgreens (NYSE: WBA).; 14,145 square feet on a 2.08-acre parcel in Chesterfield, MO.
More about this property
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