Dobbs Tire & Auto Centers Sale- Leaseback | 1354 Jeffco Blvd
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Dobbs Tire & Auto Centers Sale- Leaseback 1354 Jeffco Blvd
7,380 SF Retail Building Arnold, MO 63010 $2,423,350 ($328/SF) 6% Cap Rate
Investment Highlights
- Affluent Community The average household income is over $94,000 within a three-mile radius, over $99,000 within a five-mile radius
- Proximity to Major City The subject property is just 18 miles from downtown Saint Louis
- Adjacent to Top-Performing Walmart Supercenter The subject property is situated across from a Walmart Supercenter that places in the 92nd percentile
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Dobbs Tire & Auto Center located at 1354 Jeffco Blvd., Arnold, MO 63010. The site consists of roughly 7,380 rentable square feet of building space on an estimated 0.92-acre parcel of land. 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 $145,401 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,380 SF
Building Class
C
Year Built
1970
Price
$2,423,350
Price Per SF
$328
Cap Rate
6%
NOI
$145,401
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Land Acres
0.92 AC
Zoning
CT1 - Commercial district predominantly residential in character
Parking
28 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
86 FT on Jeffco Blvd
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 01-9.0-29.0-2-003-012 | Improvements Assessment | $92,100 |
| Land Assessment | $76,100 | Total Assessment | $168,200 |
PROPERTY TAXES
Parcel Number
01-9.0-29.0-2-003-012
Land Assessment
$76,100
Improvements Assessment
$92,100
Total Assessment
$168,200
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Power Broker Glen Kunofsky -
Matthew Anuszkiewicz -
Ryan Sblendorio -
Amelia Haydock -
Luke Babcock -
NNN Pro Group
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Dobbs Tire & Auto Centers Sale- Leaseback | 1354 Jeffco Blvd
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