2511 Kehrs Mill Rd - Supermarket FOR SALE
Chesterfield, MO 63017 |
$5,186,900 USD
703-477-1315
2511 Kehrs Mill Rd
Chesterfield, MO 63017
HIGHLIGHTS
- Part of the larger Schnucks Portfolio (8 Assets in MO & IL) - Seller is highly encouraging individual and portfolio offers.
- Situated at the Intersection of Clarkson Road (21,674 VPD) and Kehrs Mill Road (10,842 VPD).
- Strategically located at the same intersection as Marquette High School (2,155 Students).
- Within Chesterfield's primary retail & commercial corridor (6.4 MSF retail, 3.7 MSF office, 4,895 multifamily units within 3-miles).
- Built in 2012 in one of St. Louis' most affluent communities. Schnucks was developed to an exceptionally high standard.
- St. Louis, MO MSA (MSA Population: 2.82M+)
OVERVIEW
The CBRE Net Lease Property Group is pleased to offer for sale the 41,539-square-foot Schnucks grocery store positioned on 4.25 acres in Chesterfield, MO — part of the St. Louis MSA (MSA Population: 2.82M+). Schnucks absolute NNN lease has ±11.5 years of term remaining with 5% rent increases every 5 years and in each of the eight, 5-year renewal options. The property is part of the larger Schnucks Portfolio, which consists of eight assets in Missouri and Illinois. The seller is highly encouraging individual and portfolio offers.
FOR SALE DETAILS
PRICE
$5,186,900 USD
PRICE/SF
$126 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Schnucks
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.25 AC
LAND SF
185,130 SF
ZONING
93R-3
APN/PARCEL ID
21T-54-0636
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703-477-1315
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703-477-1315
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