3510 Gravois Ave - Freestanding FOR SALE
Saint Louis, MO 63118 |
3510 Gravois Ave
Saint Louis, MO 63118
HIGHLIGHTS
- New 10 year absolute NNN lease with 10% rent increases every 5 years providing ownership with a passive investment.
- Advance Auto Parts has operated at the site since 1997 and recently casted a new ten year lease showing commitment to the site and customer base.
- Ideally situated in between two grocery stores - Schnucks and Aldi - with other area retailers including Walgreens, CVS, Sherwin Williams, Wendy’s, an
- Gravois is a main arterial road running from downtown St. Louis throughout the entire South / Southwest city providing convenient access for residents
- Dense St. Louis location with 144,800 residents with an average household income of $82,000 within 3 miles.
- Located at the confluence of Grand Blvd. and Gravois, providing a combined 36,000 vehicles to the intersection.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
8710
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
43
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
1592-00-0080-0
