60 Harvester Sq - Supermarket FOR SALE
Saint Charles, MO 63303 |
$7,205,400 USD
703-477-1315
60 Harvester Sq
Saint Charles, MO 63303
HIGHLIGHTS
- This store was part of the Shop N Save acquisition in 2019. Following the acquisition, the store underwent an approximate $1M renovation.
- Located along major thoroughfares and benefits from a captive built-in customer base in an area recognized for highly attractive demographics.
- Anchors the 126,418 SF Harvester Square Shopping Center (Dollar General, Reno's Liquidation Outlet, The Salvation Army Thrift Store, etc.)
- Excellent Access & Visibility at the intersection of Route 364 (37,411 VPD) & Harvester Road (17,372 VPD)
- St. Louis MSA (MSA Population: 2.82M+)
OVERVIEW
The CBRE Net Lease Property Group is pleased to offer for sale the 71,499-square-foot Schnucks grocery store positioned on 6.19 acres in St. Charles, MO — part of the St. Louis MSA (MSA Population: 2.82M+). Schnucks absolute NNN lease has ±10.9 years of term remaining with 5% rent increases every 5 years and in each of the eight, 5-year renewal options.
FOR SALE DETAILS
PRICE
$7,205,400 USD
PRICE/SF
$101 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Schnucks: St. Charles, MO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
285
LAND DETAILS
LAND ACRES
6.19 AC
LAND SF
269,636 SF
ZONING
AE8
APN/PARCEL ID
3-0015-5439-00-0003.0000000
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703-477-1315
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703-477-1315
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