11040 Midland Blvd - Convenience Store FOR SALE
Saint Louis, MO 63114 |
11040 Midland Blvd
Saint Louis, MO 63114
HIGHLIGHTS
- 15 Year Absolute NNN Lease; Six (6) years remaining on Primary Term; 3% Rental Increase in May 2025
- Four Lease Renewal Options of 5 Years Each with 10% Rental Increases at Each Renewal Option
- Infill Location with Over 90,000 People within a 3-Mile Radius; Nearly 7% Population Growth within 1-Mile Radius
- Adjacent to multitude of Apartment Communities such as Half Moon Village Apartments with Over 400 Units
- Low Unemployment Community of St Louis of 2.3%; Below National Average; Nearby Industrial Zone with Steady and Strong labor force
- Immediate Access to Highways and Thoroughfares to St Louis Lambert International Airport and to Downtown St Louis
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
STNL Dollar General | Abs NNN Corporate Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Storefront, Department Store
TOTAL BUILDING SIZE
8988
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
14M-21-0615
