Elite Market & Grill 3 Retail Properties Offered at £5,801,496 in Saint Louis, MO
EXECUTIVE SUMMARY
A&M Realty Inc. presents three convenience store properties, operated as Elite Market & Grill, available for sale-leaseback. These properties offer long-term absolute NNN leases, providing stable returns with minimal landlord responsibilities. The leases feature a 12-year minimum term with two 5-year renewal options. The owner has over 18 years of experience in the retail business.
PROPERTY FACTS
| Price | £5,801,496 |
| Price / SF | £606.34 / SF |
| Sale Condition | Sale & Leaseback |
| Net Initial Yield | 7.25% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 9,568 SF |
| Total Land Area | 0.99 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 8337 N Broadway, Saint Louis, MO 63147 | Retail | 3,900 SF | 1968 | - |
| 9101 W Florissant Ave, Saint Louis, MO 63136 | Retail | 2,328 SF | 1987 | - |
| 1403 Union Blvd, Saint Louis, MO 63113 | Retail | 3,340 SF | 2017 | - |
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