Planet Fitness - St. Peters, MO

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Pricing and Location


Price:   $4,700,000

Address:   490 Mid Rivers Mall Drive, St. Peters, MO 63376

Status:   Available

Property Details


CAP Rate: 7.45% Year Built: 2015
Net Rentable Area: 26,524
NOI: $350,025

Marketing Materials


Property Description


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.

Area Map and Street View


What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557