1026 S Brentwood Blvd - Retail FOR SALE


Saint Louis, MO 63117- Richmond Heights
$3,015,000 USD
314-338-2080
1026 S Brentwood Blvd, Saint Louis, MO for Sale
$3,015,000 USD
Retail - FOR SALE
1/2
null | 8% Cap Rate

1026 S Brentwood Blvd
Saint Louis, MO 63117
Richmond Heights


HIGHLIGHTS

  • Long-term NNN lease with 9+ years remaining
  • 8% cap rate with annual 2% rent escalations
  • Cannabis dispensary tenant in place
  • Surrounded by major retailers in Brentwood Promenade
  • High traffic visibility near St. Louis Galleria and Clayton

OVERVIEW

Located in the heart of Richmond Heights, 1026 S Brentwood Boulevard presents a rare opportunity to acquire a stabilized, single-tenant retail investment with long-term income security. This ±5,250 SF property is fully leased to a cannabis dispensary under a NNN lease structure, offering investors minimal landlord responsibilities and predictable cash flow. With over nine years remaining on the lease and 2% annual rent escalations, the asset delivers strong yield performance at an 8% cap rate. Positioned within the Brentwood Promenade retail corridor, the property benefits from exceptional visibility and access, surrounded by high-performing national retailers including Target, Whole Foods, and Nordstrom Rack. The site sees robust traffic counts, with over 48,000 vehicles per day on nearby thoroughfares, and is minutes from the St. Louis Galleria and Downtown Clayton. This prime location ensures consistent consumer draw and long-term tenant viability. The surrounding area is a vibrant mix of residential neighborhoods, retail centers, and office districts, contributing to a dynamic and supportive commercial environment. With proximity to Interstate 64 and 170, the property is easily accessible to the broader St. Louis metro, enhancing its regional appeal. This offering is ideal for investors seeking a passive, income-generating asset in a thriving retail corridor with strong tenant demand and long-term lease stability.

FOR SALE DETAILS

PRICE

$3,015,000 USD

PRICE/SF

$574 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

49C2

APN/PARCEL ID

19K-22-0897

ASK ABOUT THIS PROPERTY

Stephen LordoOPES Commercial Real EstateMore Info
314-338-2080

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Stephen LordoOPES Commercial Real EstateMore Info
314-338-2080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.