100% Occupied 9,695 Square-Foot Class-A Strip Center in St. Louis, Missouri (STL MSA – Over 2.8 Million)
Class-A Construction Built in 2016 and situated on 1.48 Acres with Superior Frontage
Strong Mixture of Top-Tier, Ecommerce-Proof Tenants | National & Regional Brands
Major Tenants Include: Starbucks, T-Mobile, Qdoba, Snarfs, and Edward Jones
Dual Anchors | Starbucks & Qdoba | Both Catalysts for Original Construction and Both Signed 10-Year Leases which Run to 2027 With Options Extending Until 2047 | Account for 59% of Base Rent
T-Mobile Recently Signed a 10-Year Lease Running Through 2029 | Snarfs Just Exercised First Option which Included Rent Bump & Additional 5-Years of Term
Favorable NNN Lease Structures | Recapture of Tax, CAM, Insurance Expenses | 3rd Party Management Fees Reimbursed by Tenants
Staggered Lease Expirations & Prominent Rental Bumps in All Options | Nearly All Tenants Are Well into Option Terms Showing Success & Commitment to Site
True Irreplaceable Real Estate Along Page Ave | One of STL’s Busiest Throughways Seeing Over 82,897 Vehicles Per Day | Hard-Corner/ Signalized Intersection
Meticulous and Strategic Development | Located in STL’s Most Dense Industrial Corridor with Daytime Population of Over 120,000 | Expected to Add Over 5-Million Square-Feet of Industrial Space Over the Next Few Years
Dense & Affluent Demographics | Population Counts of 4,771 within 1-Mile, 87,962 within 3-Miles, and 170,573 within 5-Miles | Average Household Income In Excess of $97,800
High Barriers to Entry & Limited Competition| Restrictive Zoning Immediately Surrounding + Minimal Developable Land
St. Louis is the 21st largest Metro in the United States | Total Population of Over 2.8m | Second Largest City in the State of Missouri