3915 S NOLAND RD Independence MO 64055-3346

Northmarq is pleased to present to qualified investors the opportunity to acquire a five-property Walgreens portfolio spanning Missouri, Indiana, Illinois, and Wisconsin (“The Portfolio”). Leased to Walgreen Co., the Portfolio offers investors a diversified income stream supported by Walgreens’ long-term occupancy, with all five locations operating continuously for over 20 years—demonstrating consistent demand and stable tenancy across the Portfolio.

Each Property is a freestanding, high-visibility location situated on a signalized hard corner with strong traffic counts and entrenched retail demand. The Portfolio combines stable, in-place cash flow with strategic lease rollover—creating a compelling mix of downside protection and value-add upside.

The five assets total more than 86,000 square feet and generate nearly $1.6 million in annual base rent. The Portfolio features a weighted average lease term remaining of 3 years, 11 months and is offered fee simple, free and clear of existing debt. All six leases include multiple five-year renewal options, preserving future income potential for long-term investors.

• Consistent Demand And Stable Tenancy Across the Portfolio

• Lease Type: Abs NNN and NN

• All Five Locations Operating Continuously For Over 20 Years

• Five Assets Total More Than 71,660 SF and Generate Nearly $1.6 Million in Annual Base Rent

• Excellent Performance Metrics

• Freestanding, High-Visibility Properties Situated on Signalized Hard Corners w/ Strong Traffic Counts and Entrenched Retail Demand

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Walgreens located in Independence, Missouri (“The Property”).​ The Property consists of a 15,120-square-foot freestanding retail building on a 1.60-acre parcel of land.​ Walgreens operates under a NN lease with more than three years of lease term remaining, offering a passive investment with minimal landlord responsibilities.​ The tenant has operated at this location for more than 20 years and has consistently demonstrated strong in-store performance, averaging more than $3.0 million in annual sales over the past three years.​ This long-term occupancy paired with above-average sales underscores the location’s stability and renewal potential.​

High Renewal Likelihood Driven by Long-Term Tenure and Strong Sales
Operated by Walgreens for 20+ years. $3.0M in annual sales, outperforming chain average.

Prime Retail Corridor Location with Regional Draw
Signalized intersection with 33,000+ combined VPD. Anchored by Walmart, Price Chopper, and Hy-Vee near I-70 and downtown Kansas City.

Affluent Trade Area with Accelerating Income Growth
Avg. household income: $88,069 (1-mile radius). Projected 3.63% annual growth through 2029.

High-Utility Building on a Well-Located Parcel
15,120 SF with drive-thru on 1.60-acre lot. Ample parking and strong site adaptability.

Economic and Infrastructure Investment Driving Long-Term Stability
$55M transportation bond underway. $5M state-backed Eastgate Commerce Center expansion.