1615-1689 Camp Jackson Rd - Supermarket FOR SALE
Cahokia, IL 62206 |
1615-1689 Camp Jackson Rd
Cahokia, IL 62206
HIGHLIGHTS
- 100% Occupied, 108,979 SF Grocery- Anchored Community Shopping Center in St. Louis, MO
- Anchored by Schnucks (39% of GLA) – Top Grocer in the St. Louis MSA – In Business Since 1939 with 120 Locations in 5 States
- Schnucks Just Early-Exercised First Option thru July 2027 with a 10% Rent Increase Starting August 2022
- Offers 12.91% Cash-on-Cash Return and 20.30% Total Return at Projected Financing Terms
- Offering Includes Freestanding Abs. NNN Ground Leases w/ AutoZone (Exp. 11/2025) & BP Gas Station (Exp. 4/2024) – Ability to Spin Off
- Junior Anchors Dollar General (Exp. 3/2025) and American Freight (Exp. 3/2023) Comprise 35.4% of GLA on NNN Leases
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Schnucks-Anch Center | Outparcels Included
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Auto Repair, Freestanding, Storefront
TOTAL BUILDING SIZE
108979
STORIES
1
YEAR BUILT
1964
SPRINKLERS
-
PARKING SPACES
562
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
06-11.0-213-065
