

Listed by Coldwell Banker Commercial Quality Properties
$4,040,758
Walgreens - 807 US HWY 50 E
Details
Property Type Retail
Sub Type Storefront
Square Footage 14,859
Cap Rate 7.8%
NOI $315,000
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Term 25
Remaining Term 5
Lease Options Ten (10) x Five (5) Year Options
Pro-Forma NOI $315,000
Year Built 2006
Lot Size (SqFt) 64,904
Zoning B-2, HWY Business District
Parking Spaces 82 spaces
Parking per 1,000 SqFt 5.52
Investment Type Net Lease
Lease Commencement 12/31/2030
Ground Lease No
Easy access to US Highway 50 E, the location offers excellent visibility and accessibility.
Marketing description
Property Description
Freshly maintained 14,859-square-foot Walgreens building on signalized corner of US Highway 50 East and city streets offers premier retail visibility. Constructed in 2006 with durable finishes, the property includes drive-through lane, expansive parking, and high-profile frontage tailored for national retailers. Interior configuration features flexible open retail space, efficient back-room service area, and multiple entrances suited for seamless customer flow. Meticulously designed to support long-term operations, the structure conveys strong brand presence with durable materials, prominent signage zones, and easy accessibility for clientele and service deliveries.
Location Description
Situated in Union, MO, the area surrounding the property exudes a unique charm and presents an enticing opportunity for retail investors. With easy access to US Highway 50 E, the location offers excellent visibility and accessibility. Nearby, prospective Retail / Street Retail investors will find a vibrant mix of shopping, dining, and entertainment options, including the Union Plaza Shopping Center and Union Hills Golf Course. Additionally, the area benefits from a growing residential community, ensuring a steady flow of potential customers for retail businesses. Union's welcoming atmosphere and strategic positioning within a thriving commercial hub make it an ideal setting for retail success and growth.
Highlights
14,859 SF of dedicated retail space Built in 2006 with well-maintained infrastructure Signalized corner location enhances visibility Drive-through lane supports pharmacy or fast-service operations Expansive parking accommodates high customer traffic Multiple customer entries enhance accessibility Durable exterior materials minimize long-term maintenance Prominent signage opportunities on hard corners Efficient back-of-house layout for streamlined operations Strong existing retail branding poised for investor appeal
Investment highlights
- A Good Performing Store
- 100% Leased
- 55 Years Remaining (Several Options for Early Cancelation - TBV)
- Excellent Location
- Drive Through Lane
- Signalized Corner
Listing Contacts


Listed by Coldwell Banker Commercial Quality Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$315,000.00
$26,250.00/mo
Valuation Metrics
0
DSCR
7.8%
Cap Rate
7.8%
ROI
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