8270 Saint Charles Rock
8270 Saint Charles Rock St. Louis, Missouri 63114 United States

$1,450,000
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Listing Courtesy of Salient Realty Group, LLC 8270-86 St. Charles Rock Rd & 8316-34 Lackland Rd. Excellent retail investment opportunity. As is cap rate of 8.67% /Proforma cap rate of 12.84%. These two retail centers present an incredible...
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Listing Courtesy of Salient Realty Group, LLC
$1,450,000
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Price / Sq. Ft.:
$73
20,000 Sq Ft.
Interior
2.49 Acres
Exterior
Commercial
19016868
Web Id
19016868
MLS ID
Section 27 Township 46 R 6
Subdivision
Normandy Schools Collaborative
School District
72
days ago

About 8270 Saint Charles Rock

Listing Courtesy of Salient Realty Group, LLC

8270-86 St. Charles Rock Rd & 8316-34 Lackland Rd. Excellent retail investment opportunity. As is cap rate of 8.67% /Proforma cap rate of 12.84%. These two retail centers present an incredible opportunity for the new owner to enjoy great cash flow with the tenant base in place, while providing the ability to significantly increase returns by raising rents to market rate as leases renew or new tenants are signed on. Lots of potential for the new owner here. Rent roll and other information available upon request and signing confidentiality agreement. Two Retail Centers at a Great Signalized Intersection, Long Term Tenants in Place, 250 Frontage on St. Charles Rock Rd & 320 Frontage on Lackland Rd, Convert Leases to NNN to Increase NOI, Substantially Below Market Rents, Able to Increase Rent as Leases Renew, Immediate Proximity to I-170, 26,905 VPD on St. Charles Rock Rd. 2,851 VPD on Lackland, Newer TPO roof, Lower Level Storage Spaces.

PROPERTY INFORMATION

Cooling
Central-Electric
Heating
Individual Unit
Parking Description
Paved Asphalt
Sewer
Public
Water
Public

EXTERIOR

Construction
Conventional
Roofing
Flat, Metal
Listing Courtesy of Salient Realty Group, LLC