Planet Fitness - St. Peters, MO

The subject property is a 26,524 +/- sf freestanding NNN Planet Fitness Ground Lease located in St. Peters, MO, approximately 25 miles from St. Louis. The Mid Rivers Mall is anchored by Macy's, Sears, JCPenny, Dick's Sporting Goods, Dillards, and also has over 75 specialty shops. Other retailers in the immediate area include: Chili’s, Jo-Ann's, Marshalls, Wehrenberg 14 Cinema, Costco, hhgregg, Menards, Ruby Tuesdays, Pier I Imports, HomeGoods, and Bank of America. Planet Fitness currently has 13.5 years left on the lease with three (3) 5 year options.

Additional Info

  • Address: : 490 Mid Rivers Mall Drive, St. Peters, MO 63376
  • Price: : $4,600,000
  • Net Rentable Area: : 26,524
  • CAP Rate: : 7.60%
  • NOI: : $350,025
  • Year Built: : 2015
  • Status: : Available
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"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
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