7700 S Broadway - Freestanding FOR SALE


Saint Louis, MO 63111- Patch
$1,150,875 USD
703-477-1315
7700 S Broadway, Saint Louis, MO for Sale
$1,150,875 USD
Freestanding - FOR SALE
1/4
null | 8% Cap Rate

7700 S Broadway
Saint Louis, MO 63111
Patch


HIGHLIGHTS

  • Situated 6 miles southwest of downtown St. Louis
  • Corporate guaranty from Dollar General Corporation
  • 4.3 MSF of retail, 8.3 MSF of industrial and 6,342 multi-family units within a 3-mile radius

OVERVIEW

Situated 6 miles southwest of downtown St. Louis, Dollar General is located with excellent access and visibility at the signalized, hard-corner intersection of South Broadway (3,109 VPD) and Schirmer Street, where it is less than one mile southeast of an on-ramp to I-55 (41,449 VPD) which provides direct connectivity to Downtown St. Louis. Built in 2022, Dollar General’s net lease features a corporate guaranty from Dollar General Corporation and ±6.9 years of primary term remaining with 10% rent increases in its four, 5-year renewal options.

FOR SALE DETAILS

PRICE

$1,150,875 USD

PRICE/SF

$144 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General: St. Louis, MO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

J

APN/PARCEL ID

3117-00-0155-0

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.