2893 Veterans Memorial Pkwy, St Charles, MO 63301, USA
Price:
$2,127,905
CAP Rate:
6.35%
NOI:
$135,122
Net Rentable Area:
5,159 SF
Lot Size:
1.19 Acres
Year Built:
1993 / 2023
Status:
Available
Download the Offering Memorandum for details about the tenant, lease, financials, and more.
Property Details
PASSIVE NNN INVESTMENT
6.5 years remaining on a new corporate signed lease, with minimal landlord responsibilities and roof warranty in place until 2028
MAJOR PROPERTY RENOVATIONS
Recent 2023 tenant improvements include new windows, slab/foundation work, new unit heater, and more
STRATEGICALLY LOCATED RETAIL AREA
Well located outparcel to a highly trafficked Walmart Super Center and Sam’s Club anchored shopping center
RAPIDLY EXPANDING TENANT
Consumer Cellular has been consistently listed as one of America’s fastest growing private companies since 2007, now with over 4 million sub scribers nationwide
DENSE AND AFFLUENT SUBURBAN NEIGHBORHOOD
St Charles is just 30 minutes outside of do wntown St. Louis, with over 143,000 residents earning over $100,000 on average within 5 miles of the subject site