8970-8990 Jennings Station Rd - Department Store FOR SALE
Saint Louis, MO 63136 |
$2,000,000 USD
754-216-1154
8970-8990 Jennings Station Rd
Saint Louis, MO 63136
HIGHLIGHTS
- Two National Tenants, AutoZone and Little Caesars
- The Center is Across the Street From a McDonald's and Also Benefits From Walgreens as One of the Outparcels to the Neighborhood Center
- Value-Add With 1 In-Line Vacancy
- 119,308 SF Warehouse, Which Includes Bay Doors
- Historic Tenancy With Over 15+ Years
- Pylon Signage and Frontage on Jennings Station Road Which Sees 16,000+ VPD
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale the 141,148 SF Jennings Station Neighborhood Center Located at 8970- 8990 Jennings Station Rd in St Louis, MO. This Deal Includes 21,840 SF of In-Line Retail With National Tenants and High Vacancy and 119,308 SF of Warehouse Space, Providing For an Upside in Income and Unique Investment.
In Cooperation With Sands Investment Group Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman Lic. MO #2023012377
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$14 USD /SF
CAP RATE
7.13%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Jennings Shopping Center - St Louis, MO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
550
LAND DETAILS
CROSS STREETS
Jennings & Halls Ferry Rd.
LAND ACRES
6.05 AC
LAND SF
263,538 SF
ZONING
C3
APN/PARCEL ID
13F-51-1089
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754-216-1154
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