Plaza on the Boulevard 8005 W Florissant 19,918 SF 100% Leased Retail Building Saint Louis, MO 63136 £3,880,010 (£194.80/SF) 8% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Dual Grocery Shadow Anchored Strip Center – 5 Tenants | Heavily Trafficked Schnucks Shadow
  • Schnucks & Aldi Shadow Anchored – Significant Daily Traffic Drivers (2.8M Annual Visits Per Placer.ai) | Schnucks, Aldi, Goodwill, DaVita, Foot Locke
  • Excellent Visibility and Access – Main & Main Intersection in Submarket (32,000+ VPD Combined)
  • Immediate Value-Add Opportunity – 1 Vacant Unit – 2,000 SF | 89.96% Occupied
  • Strong Tenant Sales – City Gear Sales Nearly $2.5M in 2024 | Subway Sales Over $650K (sub-8% occupancy cost) in 2024

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License No. 2022018843 (MO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,918 SF
Building Class
B
Year Built
1993
Price
£3,880,010
Price Per SF
£194.80
Net Initial Yield
8%
NOI
£310,401
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.06
Lot Size
7.95 AC
Opportunity Zone
Yes
Zoning
C3 - Allows for most ordinary commercial uses, including large-format retail, community shopping centers, and service commercial.
Parking
60 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
135 ft on W Florissant

AMENITIES

  • Signage

MAJOR TENANTS Click Here to Access

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  • Professional, Scientific, and Technical Services
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In 1955, H&R Block was founded with the understanding that taxes are more than just numbers on a page — they have a real impact on people’s lives. This founding principle helps guide them today, as they continue to transform the industry. At a time when taxpayers were left to navigate the complexities of filing on their own, their founding brothers, Henry and Richard Bloch, offered tax prep guidance. This innovative service marked the beginning of the tax preparation industry, setting the foundation for their company values: putting people and their refunds first. H&R Block invented the tax preparation category. They take this history seriously with the belief that everyone deserves tax help without stress or hassle — seriously.

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  • Accommodation and Food Services
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Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Chiro1 Health Care and Social Assistance - $9.99 Lorem Ipsum Jan 0000
Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000
Long Nails Service type - - - Jan 0000
Accommodation and Food Services - - - Jan 0000

NEARBY MAJOR RETAILERS

PNC Bank
Chase Bank
Midland States Bank
U.S. Bank
Schnucks
Rent-A-Center

PROPERTY TAXES

  • Listing ID: 35268927

  • Date on Market: 26/03/2025

  • Last Updated:

  • Address: 8005 W Florissant, Saint Louis, MO 63136