1100 Pearce BlvdWentzville, MO 63385

  • Gas stations
  • 1,364 SF
For Sale
$950,000 View listing

Property Details for 1100 Pearce Blvd

Year built
1999
Lot size
1.21 AC
Property size (Sq ft)
1,364 SF
Property type
Gas stations
APN
4-012C-S019-00-0001.1100000
APU
4012CS0190000011100000

Description

This exceptional investment opportunity presents a 1,364 square foot, Class B auto shop in Wentzville, Missouri, currently leased to Valvoline, LLC under an absolute NNN lease. The property, situated on a 1.21-acre lot at 1100 E Pearce Blvd, boasts 14 parking spaces and benefits from a prime location within a thriving logistics and distribution hub. Built in 1999 and renovated in 2021, the property features a strong operating history as an oil change facility. The lease, commencing August 31, 2021, and expiring August 31, 2031, offers a remaining term of approximately 6.7 years, with four, 5-year lease options. The tenant is credit-rated and provides a corporate guarantee, mitigating risk. The lease includes a 7.5% rent increase every five years, offering inflation protection. The current annual net operating income (NOI) is $50,800, resulting in a 5.35% cap rate. The asking price is $950,000. The property's strategic location near major automotive facilities, including the General Motors Wentzville Assembly plant and Norfolk Southern's automotive distribution center, ensures consistent demand and long-term stability. This is a rare opportunity to acquire a well-established, low-maintenance, high-return investment property in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $512,002
    6.5%
    $472,618
    7%
    $438,859
  • Comparable approach

    Method
    Valuation
    Relative Method
    $267,970
    Geo Method
    $267,970
  • Alternative Use

    Use
    Valuation
    Residential
    $398,671
    Hospitality
    $365,180
    Educational
    $303,826
    Medical
    $314,275
    Retail
    $472,618
1100 Pearce Blvd, Wentzville, Missouri

Location Insight

City
Wentzville
County
St. Charles
State
Missouri
Latitude
38.8135
Longitude
-90.8433
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
-
-
$115,965
-
$158,124
$204,269
$362,393

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