9070 W Florissant Ave - Storefront FOR SALE
Saint Louis, MO 63136 |
$1,950,000 USD
754-216-1154
9070 W Florissant Ave
Saint Louis, MO 63136
HIGHLIGHTS
- Value-Add: The Property Offers a Value-Add Opportunity Through the Lease-Up of a 5,000 SF Vacancy, Which Attributes to 34% of the GLA
- Dense Surrounding Population: The Property Has a Population of 215,370 Within a 5-Mile Radius
- Major Retail Corridor: Positioned on Major Retail Corridor W Florissant Ave, With Strong Traffic of 35,428 VPD
- Built-In Appreciation: Family Dollar Receives 10% Rent Bumps on the 5-Year Options, Attributing to Rent Growth
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,750 SF Two Tenant Retail Building Located at 9070 W Florissant Avenue in St. Louis, MO. This Property Offers a Value-Add Opportunity Through the Lease-Up of a 5,000 SF Vacancy, Which Attributes to 34% of the GLA.
In Cooperation With Sands Investment Group Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
FOR SALE DETAILS
PRICE
$1,950,000 USD
PRICE/SF
$132 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Two Tenant Retail - Saint Louis, MO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
68
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
C2
APN/PARCEL ID
12G-13-0411
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754-216-1154
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754-216-1154
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