907 N Steinhagen Rd - Auto Repair FOR SALE


Warrenton, MO 63383
$2,258,330 USD
314-578-1708
907 N Steinhagen Rd, Warrenton, MO for Sale
$2,258,330 USD
Auto Repair - FOR SALE
1/2
null | 6% Cap Rate

907 N Steinhagen Rd
Warrenton, MO 63383


HIGHLIGHTS

  • Desirable lease term with 12 years remaining and two, 5-year tenant renewal options
  • Absolute NNN Lease with no Landlord responsibilities
  • Ideal management-free investment for passive investor
  • This location is operated, supported and supplied by the regional office and distribution center in Cape Girardeau, MO.
  • Located in the central business district of Warrenton, MO – a western suburb of the St. Louis MSA
  • Easy access to and visibility from I-70

OVERVIEW

Presenting an exceptional investment opportunity at 907 N. Steinhagen Rd, Warrenton, MO 63383. This 5,400-square-foot property, built in 2016, is situated on nearly an acre of land and operates under an absolute NNN lease with Sun Auto Tire and Service, a trusted brand with over 465 locations nationwide. The lease boasts 12 years remaining with two 5-year renewal options and 10% rent increases every five years, offering a reliable and growing income stream. Strategically located in Warrenton’s central business district, the property enjoys excellent visibility and accessibility from Interstate 70, connecting it seamlessly to regional hubs. Warrenton is a thriving community with a business-friendly environment and a growing workforce, fostering economic stability and growth. Local amenities, such as parks, schools, and community centers, further enhance the area’s appeal. Ideal for passive investors, this property requires no landlord responsibilities, providing a hands-free investment opportunity in a prime location.

FOR SALE DETAILS

PRICE

$2,258,330 USD

PRICE/SF

$418 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,577 SF

ZONING

-

APN/PARCEL ID

05-21.0-4-00-005.000.000

ASK ABOUT THIS PROPERTY

William BarnesNAI DESCOMore Info
314-578-1708

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

William BarnesNAI DESCOMore Info
314-578-1708

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