Affton, MO
- Walgreens reports above average sales of ±$3.76 million at this location.
- There are over 264,000 residents within 5 miles, supporting an average household income of $94,000.
- Lutheran High School is undergoing a $18 million renovation which includes adding a 622-seat performing arts theater.
- Walgreens hours of operation for this location are from 8 A.M. until 12 A.M.
- Walgreens is on an absolute net lease with no landlord responsibilities whatsoever.
We are pleased to market for sale the Walgreens property located at 1 Grasso Plaza in Affton, Missouri ("The Property"). Walgreens has been operating at this location for 20 years and has over 4 and a half years of firm term remaining on an absolute net lease with no landlord responsibilities whatsoever.
The Property is located 11 miles from downtown St. Louis and has over 264,000 residents within 5 miles, supporting an average household income of $94,000. The Property benefits from the strong customer base, operating as a midnight store and reporting above average sales.
Outparceled to the Grasso Plaza, The Property is immediately surrounded by over 71,000 square feet of retail space, anchored by Panara Bread, Dollar General and USPS. Adjacent to The Property, Lutheran High School is currently undergoing a $18 million renovation, adding a 39,000 square foot event center and performing arts theater.
