Walgreens | St. Louis, MO | 701 Gravois Bluffs Blvd.
Retail | 15,120 SqFt
Marketing description
Subject Property located within Gravois Bluffs shopping Center. The property sits at highly visible signalized intersection at highway 141 and Gravois Bluffs Blvd. Surrounded by major retailers including: Lowe’s, Schnucks, Target, Five Below, Ulta Beauty, Ross Dress for Less, TJ Maxx, Michaels, Famous Footwear, Kohl’s, Petco, JC Penny’s, Pottery Barn, Walmart, Haverty’s Furniture, and many more.
Investment highlights
LESSEE: Walgreen Co.
Absolute NNN Lease
EXPIRATION DATE: December 31, 2065
CURRENT TERM RENT:
05/19/2025 - 05/31/2035 $180,000.00 annually
06/01/2035 - 05/31/2065 $200,000.04 annually
SIGNATOR: Walgreen Co.
PARKING: 76 Spaces
TERMINATION OPTION(S)
The termination options are as follows: 05/31/2035, 05/31/2040, 05/31/2045, 05/31/2050, 05/31/2055, and 05/31/2060. If Tenant elects to exercise any such option, Tenant shall send notice to Landlord, at least six (6) months prior to the date this lease shall terminate,
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