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CVS 1580 Bryan Rd

13,225 SF Retail Building O'Fallon, MO 63366 £3,077,100 (£233/SF) 5.13% Net Initial Yield

Investment Highlights

  • Strong Real Estate Fundamentals | Signalized Hard-Corner Lot | Drive-Thru | Signage At The Intersection | Strong Visibility
  • Affluent Community | Average Household Income Exceeds $121,800 Within A Three-Mile Radius
  • St. Louis MSA | Compelling Demographics | 21st Largest MSA In The U.S.
  • New 106+ Acre Residential Developments In The Immediate Area Constructed By Fischer Homes | New Homes Range From $500K To $1MM +

Executive Summary

NNN Pro is pleased to present the exclusive listing for a CVS
Pharmacy located at 1580 Bryan Rd, O'Fallon, MO 63366. The
site consists of roughly 13,225 rentable square feet of building
space on an estimated 1.84-acre parcel of land. This CVS
Pharmacy is subject to a 25-year Ground lease, which
commenced 9/15/2015. The current annual rent is $200,000 and
has scheduled increases of 8% every option.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
B
Year Built
2015
Price
£3,077,100
Price Per SF
£233
Net Initial Yield
5.13%
NOI
£157,800
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Land Acres
1.84 AC
Parking
86 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
300 ft on Bryan Rd

Amenities

  • Signalised Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2-0067-C270-00-0002.0000000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£460,537
  • Listing ID: 33450958

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 1580 Bryan Rd, O'Fallon, MO 63366

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