Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace
AUCTION SITE: https://rimarketplace.com/auction/2312/reit-sale-former-dollar-general-2012-built-21k-vpd?utm_source=costar
Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 9448 Lewis and Clark Boulevard in St. Louis, Missouri 63136 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE! Built in 2012, the Property consists of a one-story, free-standing retail building containing ±9,399 gross square feet, with 28 parking spaces and 2 ADA spaces, on a ±0.81-acre parcel (±35,266 SF). The site is easily accessible via one ingress/egress curb cut along Lewis and Clark Boulevard (Highway 367), a major arterial road that carries ±21,614 VPD. The Property was formerly occupied by Dollar General on a NNN-lease and offers potential owner users/investors the ability to acquire a free-standing building with significant value add through lease up at long term market rates (CoStar estimated rents of $14-18/NNN Retail). Zoned C-2, Shopping & Service Commercial District, this zoning offers favorable flexible zoning allowing for a variety of uses. This prime location offers excellent visibility and accessibility, making it ideal for retail or commercial reuse. This former Dollar General is conveniently located near the Bellefontaine Neighbors neighborhood, a suburban area within St. Louis, in the Northwest County submarket. This area of St. Louis is located less than 20-minutes from both Downtown and St. Charles Lambert International Airport. The Property is strategically positioned in a high-traffic corridor with proximity to key demand drivers, including educational institutions, healthcare facilities, and major employers. It is located within 4-miles of Hazelwood East High School (±1,365 students), Riverview Gardens High School (±1,200 students), National Personnel Records Center (±800 Employees), Christian Hospital (±258 beds), Bellefontaine Habilitation Center (±125 Beds) and key retail establishments that serve the local community. Its strategic location on Lewis and Clark Boulevard, with proximity to I-270 (±45,000 VPD), ensures strong regional connectivity and accessibility. The surrounding area also benefits from a mix of residential neighborhoods, local businesses, and community amenities, which drive consistent traffic to the corridor. The Property is strategically located in an area that serves ±80k people within a 3-mile area and nearly 191k individuals with an AHHI of ±$60,255 within a 5-mile area.
Gary D. Ryther
c/o Fisher Auction Company Inc.
License: 199018502