1144 Meramec Station Rd - Supermarket FOR SALE
Ballwin, MO 63021 |
$5,492,693 USD
314-324-8792
1144 Meramec Station Rd
Ballwin, MO 63021
HIGHLIGHTS
- Aldi signed an initial 15 year lease term and Ace signed a 10 year lease, providing for long-term passive cash flow.
- The property was recently renovated, featuring an updated facade and parking lot improvements.
- 5.8 acre parcel with 269 parking spaces.
- There are 64,000 residents earning an average household income of $126,000 within three miles of the site.
FOR SALE DETAILS
PRICE
$5,492,693 USD
PRICE/SF
$107 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Aldi and Ace Hardware
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
279
LAND DETAILS
LAND ACRES
5.79 AC
LAND SF
252,212 SF
ZONING
55RSING
APN/PARCEL ID
24Q-32-0573
ASK ABOUT THIS PROPERTY
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314-324-8792
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314-324-8792
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