4087 Veterans Memorial PkwySt. Peters, MO 63376

Property Details for 4087 Veterans Memorial Pkwy

Year built

1976

Lot size

1.10 AC

Property size (Sq ft)

6,300 SF

Zone code

AE8

Property type

Super regional malls

APN

6-0016-5168-00-0012.0000000

APU

9223372036854775807

Description

This exceptional retail space, totaling 1,527 square feet, is situated at 4087 Veterans Memorial Parkway in St. Peters, Missouri, within St. Charles County (zip code 63376). The property is part of a multi-tenant strip center boasting a newly renovated façade, ensuring a modern and attractive storefront. Its prime location offers excellent visibility and accessibility, with significant exposure to Interstate 70 and a prominent position on Veterans Memorial Parkway near Cave Springs. A large pylon sign on the Interstate provides exceptional advertising opportunities. The center enjoys a strong tenant mix, including established businesses such as Scrubs & Beyond and Red Wing Shoes, further enhancing its appeal and attracting a steady flow of customers. The property benefits from its proximity to major national retailers and is conveniently located just east of Barnes Jewish Hospital, guaranteeing a high volume of foot traffic and potential clientele. The lease rate is $22.50 per square foot, NNN. This presents a unique opportunity for businesses seeking a well-located, high-visibility retail space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,477,702

  6.5%

  $2,287,109

  7%

  $2,123,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,237,693

  Geo Method

  $1,237,693

• Alternative Use

  Use

  Valuation

  Residential

  $1,929,262

  Hospitality

  $1,767,194

  Educational

  $1,470,284

  Medical

  $1,520,850

  Retail

  $2,287,109

Location Insight

City

Saint Peters

County

St. Charles

State

Missouri

Latitude

38.7948

Longitude

-90.5708

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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