275 Mid Rivers Mall DrSt. Peters, MO 63376

For Sale
$1,850,000

High-return retail space, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 3,256 square foot storefront located at 275 Mid Rivers Mall Drive in St. Peters, Missouri, 63376. Offered at $1,850,000 ($568.18/sq ft), this property sits on a 0.85-acre lot and benefits from an absolute net ground lease, eliminating landlord responsibilities. The lease boasts a new 10-year term secured by a corporate-backed guaranty, ensuring consistent income. Built-in rental escalations provide further financial security throughout the lease term. This prime retail space is situated in a high-traffic area, enjoying excellent visibility and accessibility. Mid Rivers Mall Drive experiences a significant daily vehicle count of 28,604 vehicles per day, guaranteeing substantial exposure to potential customers. The property's location within a regional trade area ensures a strong and consistent customer base. This is an ideal investment for those seeking a secure, high-yield retail property with minimal management overhead. The property is classified as Retail, Subtype Storefront. This presents a rare opportunity to acquire a stable, income-generating asset in a thriving Missouri market.

Highlights

  • Absolute net ground lease, eliminating landlord responsibilities.
  • New 10-year lease with corporate-backed guarantee.
  • Built-in rental escalations.
  • Prime retail location in a regional trade area.
  • High-traffic location on Mid Rivers Mall Drive (28,604 VPD).

Property Details for 275 Mid Rivers Mall Dr

Property type
Other retail properties, Individual retail properties
Square Feet
3,256 SF
Lot Size (sq. ft)
37,026 SF

Location Insight

City
St. Peters
County
St. Charles
State
Missouri
Latitude
38.7950987
Longitude
-90.6226876
275 Mid Rivers Mall Dr, St. Peters, Missouri

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275 Mid Rivers Mall Dr
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