702 E Main St - Storefront Retail/Office FOR SALE


Warrenton, MO 63383
$920,825 USD
314-680-9919
702 E Main St, Warrenton, MO for Sale
$920,825 USD
Storefront Retail/Office - FOR SALE
1/9
null | 8% Cap Rate

702 E Main St
Warrenton, MO 63383


OVERVIEW

100% Leased, Two-Tenant Retail Asset 11,585 SF strip center featuring a strong national tenant complemented by additional income-producing warehouse space, providing stable cash flow and diversification. Corporate-Guaranteed Lease with Dollar Tree, Inc. (NYSE: DLTR) Dollar Tree occupies 78% of the Property under a NN+ lease with corporate guaranty, reimbursing its pro rata share of taxes, insurance, and CAM. Recent Dollar Tree Lease Renewal Dollar Tree recently exercised a new 5-year lease term through March 31, 2031, with two additional 5-year renewal options extending through 2041. Small-Bay Warehouse with Below-Market Rents The remaining 2,585 SF is leased to a local operator as small-bay warehouse space, with a scheduled rent increase on August 30, 2026, and a final renewal option extending through August 30, 2029. The tenant is currently paying below-market rent, providing embedded upside upon lease expiration or re-tenanting. Strong Traffic & Regional Connectivity Located along Main Street just off Missouri State Highway 47 (21,000+ VPD) and 0.9 miles from Interstate 70 (50,000+ VPD), a major east-west transportation corridor. Growing Bedroom Community within the St. Louis MSA Situated in Warrenton, a rapidly growing market approximately 55 miles west of St. Louis, with population growth projected at nearly 10% over the next five years.

FOR SALE DETAILS

PRICE

$920,825 USD

PRICE/SF

$79 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,764 SF

ZONING

commercial

APN/PARCEL ID

05-28.0-1-12-004.000.000

ASK ABOUT THIS PROPERTY

Jake KlamenKlamen Commercial AdvisorsMore Info
314-680-9919

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Jake KlamenKlamen Commercial AdvisorsMore Info
314-680-9919

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