For Sale
$1,238,000
11711 Baptist Church RdSappington, MO 63128
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- Investment-grade property with publicly traded guarantor, Monro, Inc. (NASDAQ: MNRO), a major North American tire dealer.
- Upside potential through upcoming lease renegotiation; tenant has no renewal options.
- Exceptional historical occupancy exceeding six decades of continuous business operation; Monro acquired the existing business in 2009.
- Strong demographics in the St. Louis MSA, boasting 2.8 million residents, and a prime location near national retailers like Fresh Thyme, Tesla, Schnucks, Outback, and Walmart.
- Minimal landlord responsibilities with a net lease structure; the Concord, MO location features a recently replaced roof.
Property Details for 11711 Baptist Church Rd
- Property type
- Retail properties, Auto shops
- Square Feet
- 4,533 SF
- Year Built
- 1980
- Buildings
- 1
- Lot Size (sq. ft)
- 21,344 SF
Location Insight
- City
- Sappington
- County
- St Louis
- State
- Missouri
- Latitude
- 38.5213421
- Longitude
- -90.3622948
11711 Baptist Church Rd, Sappington, Missouri
Nearby Comparable
FAQs
- Where is the retail property located?
- The property is located at 11711 Baptist Church Rd Sappington, MO.
- What is the asking price?
- The asking price for this property is $1,238,000.
- What are key features of this property?
- This property features: Investment-grade property with publicly traded guarantor, Monro, Inc. (NASDAQ: MNRO), a major North American tire dealer.; Upside potential through upcoming lease renegotiation; tenant has no renewal options.; Exceptional historical occupancy exceeding six decades of continuous business operation; Monro acquired the existing business in 2009.
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