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Affton Retail Center for Sale or Lease 10004 Gravois Rd

5,453 SF 34% Leased Retail Building Saint Louis, MO 63123 £781,668 (£143/SF)

Investment Highlights

  • Value Add Multi Tenant Retail Building for sale located on Gravois Rd. in Affton, MO.
  • Located at the signalized intersection of Gravois and S. Rock hill rd. with over 20,000 V.P.D.
  • Situated in a densely populated St. Louis area with 289,459 residents within a 5-mile radius.
  • Currently 31% occupied with leases extending through 3/31/2029.
  • Building Recently renovated with new electrical, meters, panels, HVAC, roof, plumbing and parking lot.
  • ACE Cash express features a N.N.N. corporate lease with 10% rental increases every five years and multiple renewal options.

Executive Summary

This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,453 SF
Building Class
C
Year Built
1958
Price
£781,668
Price Per SF
£143
Percent Leased
34%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Lot Size
0.52 AC
Zoning
C2
Parking
28 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
162 ft on Gravois Rd

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 10006
  • 1,352 SF
  • Retail
  • -
  • Now

This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.

  • 10008
  • 1,457 SF
  • Retail
  • -
  • Now

This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.

  • 10010
  • 783 SF
  • Retail
  • -
  • Now

This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.

Space Size Space Use Position Available
10006 1,352 SF Retail - Now
10008 1,457 SF Retail - Now
10010 783 SF Retail - Now

10006

Size
1,352 SF
Space Use
Retail
Position
-
Available
Now

10008

Size
1,457 SF
Space Use
Retail
Position
-
Available
Now

10010

Size
783 SF
Space Use
Retail
Position
-
Available
Now

10006

Size 1,352 SF
Space Use Retail
Position -
Available Now

This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.

10008

Size 1,457 SF
Space Use Retail
Position -
Available Now

This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.

10010

Size 783 SF
Space Use Retail
Position -
Available Now

This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.

Nearby Major Retailers

Starbucks
Schnucks
Club Fitness
Great Southern Bank
Commerce Bank
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26J-43-1214
Land Assessment
£102,485
Improvements Assessment
£135,708
Total Assessment
£238,193
  • Listing ID: 32556616

  • Date on Market: 13/12/2023

  • Last Updated:

  • Address: 10004 Gravois Rd, Saint Louis, MO 63123

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