8005 W Florissant - Freestanding FOR SALE


Saint Louis, MO 63136
$4,806,000 USD
858-822-9811
8005 W Florissant, Saint Louis, MO for Sale
$4,806,000 USD
Freestanding - FOR SALE
1/14
null | 8.5% Cap Rate

8005 W Florissant
Saint Louis, MO 63136


HIGHLIGHTS

  • 90% Occupied with All Tenants on NNN Leases
  • Offered Free & Clear of Existing Financing
  • Strategically Located in a Dense Retail Hub
  • City Gear Sales of $3MM in 2024
  • City Gear Ranked in 93rd Percentile Nationwide for Visits with 48.8K Visits in Foot Traffic in 2024 and 2025, per Placer.ai
  • Densely Populated Infill; High Barriers to Entry with a Population of +255,500 in 5 Mile Radius

OVERVIEW

This value-add opportunity features a 90% occupied multi-tenant retail asset with all tenants on NNN leases, delivered free and clear. The site is strategically positioned within a dense, high-barrier-to-entry retail hub with a population of +255,500 in a 5-mile radius. Jennings Shops - Plaza on the Boulevard benefits from excellent visibility at a major signalized intersection and is part of the Buzz Westfall Plaza on the Boulevard Shopping Center, which ranks in the 91st percentile for local visits within a 15-mile radius with 3MM annual visits, per Placer.ai. The property is less than 2 miles from I-70 (78,670 VPD) and is dual grocery shadow-anchored by dominant grocers Aldi and Schnucks which ranks in the 94th percentile nationwide and 97th percentile in Missouri with 1.1MM annual visits. The City Gear tenant generated $3MM in 2024 sales, ranking in the 93rd percentile nationwide for foot traffic with 48.8K visits across 2024 and 2025. The site is adjacent to Copeland’s corporate headquarters (±18,000 global employees) and is surrounded by a densely populated residential area with +4,000 multifamily units in a 2 mile radius. The property sits just 6.6 miles from St. Louis Lambert International Airport, which served over 15.9MM passengers in 2024. Watch Property Video: https://vimeo.com/1148033220

FOR SALE DETAILS

PRICE

$4,806,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jennings Shops – Plaza on the Boulevard

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

3.35 AC

LAND SF

145,926 SF

ZONING

C3

APN/PARCEL ID

13G-44-0261

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

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