9100 Olive Blvd - Storefront FOR SALE
Olivette, MO 63132 |
$5,376,000 USD
844-585-7682
9100 Olive Blvd
Olivette, MO 63132
HIGHLIGHTS
- New Construction Single-Tenant ALDI: New 20-year absolute NNN corporate ground lease
- 10% increases every 5 years during the base term and each of the six 5-year options
- True Ground Lease with Below-Market Rent and Major Tenant Improvements: Upgraded design featuring ALDI’s newest prototype store
- The Property is Part of Olive Crossing, a New 14.8-Acre Mixed-Use Development Consisting of 181 Apartments and a Courtyard by Marriott Hotel
- Prominent Exposure; Strategically Located at the Intersection of Interstate 170 and Olive Boulevard with Traffic Counts of Over 100,000 CPD
- Significant Daytime Population: 221,090 employees within a 5-mile radius
FOR SALE DETAILS
PRICE
$5,376,000 USD
PRICE/SF
$158 USD /SF
CAP RATE
4.65%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Aldi | Olivette, MO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
17L-63-1117
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844-585-7682
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844-585-7682
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