6900 Chippewa St - Storefront FOR SALE


Saint Louis, MO 63109- St Louis Hills
$2,975,000 USD
636-328-2830
6900 Chippewa St, Saint Louis, MO for Sale
$2,975,000 USD
Storefront - FOR SALE
1/11
null | 7% Cap Rate

6900 Chippewa St
Saint Louis, MO 63109
St Louis Hills


HIGHLIGHTS

  • New Roof
  • 3 Curb Cuts
  • Parking Restriped in 2024

OVERVIEW

Property features 5 Long Term Tenants with the following NNN monthly rents TUAC Urgent Care: $13,656.00 (Lease through February 2034) (6500 +/- Sq ft) (Rent Bump to $14739 in 2029) Peoples Cleaners: $2000.00 (Lease through 2026) (1000 +/- Sq ft) Pit Stop Convenience: $1834.00 (Lease through September 2030) (1000 +/- Sq ft) Edward Jones: $1865.00 (Lease through August 2026) (1000 +/- Sq Ft) Subway: $2200.00 (Lease through August 2029) (1000 +/- Sq ft) Rental Income with CAM Reimbursements totaled $266,528 for the year 2024. The Net Income on the Parcel in 2024 was $208705.00 after taxes, Ins, and Management Fees. NEW EPDM Roof 2024 Parking Lot Re-stripped 2024

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TAUC Anchored Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,302 SF

ZONING

F

APN/PARCEL ID

6271-00-0100-0

ASK ABOUT THIS PROPERTY

Logan StrainColdwell Banker SOMore Info
636-328-2830

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Logan StrainColdwell Banker SOMore Info
636-328-2830

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.