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3045 W Republic Rd
Springfield, MO 65807 Outer Southwest Springfield

$3,700,000 USD

Drugstore For Sale  •  13,255 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,255 SF
  • Lot Size 2.34 AC
  • Building Class C
  • Year Built 2013
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning INC
0 Transit Score
64 Walk Score

Highlights

52% Loan to Value Self Liquidating Debt
Loan has Pay Down Readvance Feature
Assumable Loan Has a 4.7% Interest Rate
Very Low Rent of 16.75 Per Square Foot
Over 11,000 Population in 1 Mile and 127,000 in 3 Miles
• Loan Self-Liquidates Over the Next 11 Years

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS Pharmacy 13,225 SF 2/1/2039

Public Transportation

AirportDriveWalkDistance
Springfield-Branson Ntl 26 min - 12.6 mi
Rob James 917-741-1525 HMX1031.COM - NETLEASENAVIGATOR.COM
Rob James 917-741-1525 HMX1031.COM - NETLEASENAVIGATOR.COM