List Search

9141 Olive Blvd
Olivette, MO 63132

$5,500,000 USD

Drugstore For Sale  •  13,712 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,712 SF
  • Lot Size 3 AC
  • Building Class B
  • Year Built 2009
  • Tenancy Single
  • Zoning Commercial Retail
30 Transit Score
50 Walk Score

Highlights

Investment-Grade Corporate Guaranty — CVS Caremark Corporation (NYSE: CVS)
Absolute NNN — Zero Landlord Obligations
Assumable CMBS Loan — ~$2.78M at 7.507% Fixed, Maturing January 2032
Structured Zero-Coupon Design — Disclosed & By Design
Debt-Free Ownership by January 2032 — Then $532,064/yr NNN from February 2035
~9 Years of Remaining Guaranteed Term | Two 5-Year Extension Options

Amenities

  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Clayton (Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink)) 6 min - 2.9 mi
Richmond Heights (Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink)) 8 min - 3.8 mi
AirportDriveWalkDistance
St Louis Lambert International 12 min - 7.2 mi
Scott AFB/Midamerica St Louis 54 min - 37.3 mi
Eddie Cherry 314-322-2510 Manor Real Estate
Eddie Cherry 314-322-2510 Manor Real Estate