12440-12450 Lusher Rd
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12440-12450 Lusher Rd
6,975 SF 100% Leased Retail Building Saint Louis, MO 63138 $700,000 ($100/SF) 9.75% Cap Rate
Investment Highlights
- Great exposure to Lusher Road and Highway 367
- 31,853 VPD on Highway 367
- Located in Unincorporated St. Louis County
- Surrounding Businesses include: Walgreens, Bank of America, Shop N' Save, Dollar General & New QuikTrip
- Metro Transit access directly in front of building
- MG charges estimated at $1.80 PSF
Executive Summary
Great exposure to Lusher Road and Highway 367. Surrounding Businesses include: Walgreens, Bank of America, Shop N' Save, Dollar General & New QuikTrip. 31,853 VPD on Highway 367. Metro Transit access directly in front of building. Located in Unincorporated St. Louis County. MG charges estimated at $1.80 PSF
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
6,975 SF
Building Class
C
Year Built
1990
Price
$700,000
Price Per SF
$100
Cap Rate
9.75%
NOI
$68,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.82 AC
Zoning
C-8 - Planned Commercial District
Parking
5 Spaces per 1,000 SF Leased
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 12450
- 1,025 SF
- Office
- -
- 30 Days
Space | Size | Space Use | Position | Available |
12450 | 1,025 SF | Office | - | 30 Days |
12450
Size |
1,025 SF |
Space Use |
Office |
Position |
- |
Available |
30 Days |
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $90,750 | |
Land Assessment | $86,430 | Total Assessment | $177,180 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$86,430
Improvements Assessment
$90,750
Total Assessment
$177,180
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12440-12450 Lusher Rd
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