Dobbs Tire & Auto Centers Sale-Leaseback | 1111 Cave Springs Blvd
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Dobbs Tire & Auto Centers Sale-Leaseback 1111 Cave Springs Blvd
10,500 SF 100% Leased Retail Building Saint Peters, MO 63376 $3,376,750 ($322/SF) 6% Cap Rate
Investment Highlights
- Extremely Affluent Community The average household income is over $117,000 within a one-mile radius of the subject investment property.
- Proximity to Major City The subject property is a 30-minute drive from downtown Saint Louis
- Top-Performing Walmart Supercenter The subject property is right down the road from one of the top-performing Walmart Supercenter's in the country
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Dobbs Tire & Auto Center located at 1111 Cave Springs Blvd., St. Peters, MO 63376. The site consists of roughly 10,500 rentable square feet of building space. This Dobbs Tire & Auto Center is subject to a 20-year Triple-Net (NNN) lease which will commence upon close of escrow. The annual rent will be $202,605 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,500 SF
Building Class
C
Year Built
1994
Price
$3,376,750
Price Per SF
$322
Cap Rate
6%
NOI
$202,605
Percent Leased
100%
Building Height
1 Story
Building FAR
0.19
Lot Size
1.27 AC
Zoning
C-3 - Single tenant commercial
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $0 | Total Assessment | $526,861 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$526,861
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Dobbs Tire & Auto Centers Sale-Leaseback | 1111 Cave Springs Blvd
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