915 S Kirkwood Rd - Auto Repair FOR SALE


Saint Louis, MO 63122
$4,065,000 USD
314-578-1708
915 S Kirkwood Rd, Saint Louis, MO for Sale
$4,065,000 USD
Auto Repair - FOR SALE
1/5
null | 6% Cap Rate

915 S Kirkwood Rd
Saint Louis, MO 63122


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 heart of Kirkwood, an affluent and sought-after central suburb in the St. Louis MSA
  • Approx. 0.6 miles from I-44

OVERVIEW

Discover a prime investment opportunity at 915 S. Kirkwood Rd., Kirkwood, MO 63122. This 6,255-square-foot, build-to-suit property was constructed in 2020 and is secured by an absolute NNN lease with Sun Auto Tire and Service, a nationally recognized operator with over 465 locations. With approximately 12 years remaining on the lease term and scheduled 10% rental increases every five years, this property offers reliable, long-term cash flow. Strategically located in the heart of Kirkwood, a vibrant and affluent suburb in the St. Louis MSA, the property enjoys proximity to major transportation routes, including I-44, just 0.6 miles away, ensuring convenient regional access. Kirkwood’s thriving business community, supported by a highly engaged local chamber, and a strong median household income of $107,905 create a robust economic backdrop for this investment. The surrounding area also boasts cultural landmarks and a rich heritage, further enhancing its desirability. This hassle-free, management-free property is an ideal choice for passive investors seeking a stable asset in a sought-after market.

FOR SALE DETAILS

PRICE

$4,065,000 USD

PRICE/SF

$650 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

2020

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

44,042 SF

ZONING

32I1

APN/PARCEL ID

24M-12-1653

ASK ABOUT THIS PROPERTY

William BarnesNAI DESCOMore Info
314-578-1708

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William BarnesNAI DESCOMore Info
314-578-1708

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