Valley Creek Shopping Center

Farmington, Missouri

Offering Summary

  • Status: active
  • Price: $11,000,000
  • CAP Rate: 7.40%
  • GLA: 76,908 SF
  • Net Operating Income: $813,983
  • Price/SF: $143.03
  • Year(s) Built: 1995
  • Year(s) Renovated: 2015
  • Lot Size (Acres): 6.57
  • Major Tenants: Schnucks, Omnicare (A CVS Health Company), CATO Fashions, Miracle Ear
  • 100% Occupied, 76,908 SF Grocery-Anchored Shopping Center in Farmington, MO
  • Anchored by Schnucks Supermarket (81% of GLA) – Meticulous Site Selection by Schnucks Corporate and Catalyst for Center’s Redevelopment in 2015; Only Schnucks within 52-Miles
  • Schnucks is Encumbered by NNN Lease Thru 11/2032 – Responsible for 83% of Center’s Gross Rent
  • Ecommerce Proof Tenant Mix: Grocery, Medical, Nails & Clothing
  • Omnicare-CVS (10% of GLA) – Leased Thru 2025 – 2% Rental Increase Every Year in Base Term
  • Long Term Leases – Weighted Average Lease Term Remaining of 9.7 Years
  • Minimal Landlord Responsibilities – All Tenants Reimburse Full NNN Expenses – Ease of Management with Only 5 Tenants
  • Irreplaceable Real Estate at Junction of Highway 67 & 32 and Middle Point Between Both Exit Ramps – Highly Visible to Over 52,939 Vehicles Per Day
  • Retailers in the Immediate Vicinity Include Walmart, Lowe’s, Menards, AMC, Rural King, Hobby Lobby, Petco, Walgreens, Dollar General, McDonald’s and an Array of Small Shop Tenants.
  • Stable & Mature Demographics: Population Counts of 19,838 within 3-Miles, 26,371 within 5-Miles, and 49,663 within 10-Miles
  • Farmington is the County Seat of Francois County and One Hour from St. Louis
EXCLUSIVELY LISTED BY:

Scott Wiles

Senior Managing Director