RI MARKETPLACE ONLINE AUCTION FEB 10-12 CBRE, Inc. and RealInsight Marketplace are pleased to exclusively offer for sale the 100% fee simple interest in Marketplace Shopping Center (the Property), a 210,489 square foot community center currently 41.5% leased (the “Offering”). Located in Fairview Heights, an expansive trade area serving nearly 500,000 residents that possesses high barriers to entry recognized as one of the most desirable and dynamic retail trade areas in St. Louis, MO (Top 23 MSA | Population: 2.8 million). Marketplace SC Boasts a tenant line-up composed of category leading national retailers including Best Buy (S&P BBB+), Dollar Tree (S&P BBB), Citi Trends, and David’s Bridal. Together, national retailers represent 96% of the occupied leasable area and 96% of the effective gross revenue (EGR). Marketplace SC is a unique opportunity to acquire a deep value-add property that possesses key retail real estate fundamental qualities in the heart of the dynamic Fairview Heights trade area. Incoming investors can enhance their yield leasing up the 110,182 square feet of vacancy. *Burlington & Golf Galaxy have executed leases at another location within the trade area; however, they are currently operating out of Marketplace SC with leases that run through Feb and July of 2025. As of December 2024 Burlington has vacated and is operating out of their new location and Golf Galaxy recently exercised an option to extend through July 2025 and continues to operate out of Marketplace SC. Scott Bowers, Auctioneer License: 040000273 https://rimarketplace.com/auction/2305/servicer-sale-value-add-st.-louis-shopping-center?utm_source=costar