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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

U.S. Bank
Red Lobster
Bandana's Bar-B-Q
Ponderosa Steakhouse
The Pasta House
Denny's
LongHorn Steakhouse
Hooters
Starbucks
Lion's Choice

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6-0011-5326-00-0001.0000000
  • 6-0016-5168-00-0011.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$526,861
  • Listing ID: 33840838

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 1111 Cave Springs Blvd, Saint Peters, MO 63376

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