For Sale
$1,850,000

275 Mid Rivers Mall Dr St. Peters, MO 63376

High-return retail space, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
127
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
Retail properties, Retail space
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

FAQs

What type of property is this?
Retail property - High-return retail space, prime location.
Where is the retail property located?
The property is located at 275 Mid Rivers Mall Dr St. Peters, MO.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Absolute net ground lease, eliminating landlord responsibilities.; New 10-year lease with corporate-backed guarantee.; Built-in rental escalations.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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275 Mid Rivers Mall Dr
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