110 Walnut Street

For Sale

110 Walnut Street, Highland, IL 62249

This Highland property for sale is located at 110 Walnut Street. The current listed sale price for 110 Walnut Street is $4,308,000. 110 Walnut Street is situated on a lot that is 1.35 acre in size.

Contacts

broker

Ryan Bennett

Lee & Associates - North San Diego

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,820 SF
  • Lot Size 1.35 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 27, 2024
SITUATED ACROSS THE MISSISSIPPI RIVER – STRATEGICALLY LOCATED IN THE ST. LOUIS, MO MSA • ST. LOUIS IS A “GAMMA” GLOBAL CITY THAT BOASTS A METROPOLITIAN GDP OF MORE THAN $160 BILLION • 21ST LARGEST CITY IN THE UNITED STATES, WITH A HIGHLY DIVERSIFIED INDUSTRY STRUCTURE KEEPING ECONOMIC GROWTH • MINUTES FROM DOWNTOWN HIGHLAND, NEAR NATIONAL TENANTS SUCH AS, MCDONALDS, WALMART, DOLLAR GENERAL, O’REILLY AUTO PARTS AND MORE SUBJECT PROPERTY IS LESS THAT 1 MILE FROM ST. JOSEPHS HOSPITAL • ST. JOSEPHS HAS BEEN SERVING THE HIGHLAND AND SURROUNDING COMMUNITY FOR OVER 135 YEARS • HSHS HAS 14 HOSPITALS LOCATED ALL OVER WISCONSIN AND ILLINOIS AND SERVES ABOUT 2 MILLION • HSHS HAS OPERATED FOR OVER 150 YEARS AND EMPLOYS AROUND 12,830 COLLEAGUESStrong Reported Sales – 10% Rent to Sales Ratio – Mitigated Future Vacancy Risk Early Lease Extension (July 2024) – 11.5 Years Remaining on Absolute NNN Lease Out Positions & Outperforms CVS within Highland Market – Walgreens Receives Double the Customer Visits (Source: Placer.ai) Critical Business Driver - Less than 1 Mile from HSHA St. Joseph’s Hospital – Serving Highland and Surrounding Communities for over 135 Years The fee simple interest of a Walgreens investment property located in Highland, Illinois (the “Property”). Built in 2004, the Property consists of a 14,820-square-foot retail building with a drive-thru that sits on an approximately 1.35-acre parcel. Walgreens shows commitment to this site with a newly inked lease extension that just commenced. This location has strong reported sales and a healthy 10% rent to sales ratio. Absolute-NNN lease structure and no landlord responsibilities.

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Attachments

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  • 46/100

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Location

  • City Highland, IL
  • Zip Code 62249
  • Market St Louis

Points of Interest

  • Shell

    3.51 miles

  • BP

    9.35 miles

  • C. C. Food Mart Shell Station

    9.80 miles

  • Amstar

    9.82 miles

  • Casey's General Store

    9.86 miles

  • Highland Diner

    0.21 miles

  • The Railshake Brewery

    0.24 miles

  • China Restaurant

    0.56 miles

  • Blue Springs

    3.65 miles

  • Diamond Mineral Springs

    5.77 miles

  • The Back Porch

    5.78 miles

  • Pizza Market

    9.80 miles

  • Trenton House

    9.84 miles

  • Kain Tayo

    9.84 miles

  • Dairy King

    9.85 miles

  • Walmart Supercenter

    0.91 miles

  • IGA

    9.78 miles

  • Trenton Processing

    9.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Bennett

Lee & Associates - North San Diego