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Dobbs Tire & Auto Centers Sale- Leaseback 16305 Truman Rd

5,950 SF Retail Building Ballwin, MO 63011 $2,450,550 ($412/SF) 6% Cap Rate

Investment Highlights

  • Extremely Affluent Community The average household income is over $151,000 within a three-mile radius and over $152,000 within a five-mile radius
  • Proximity to Major City The subject property is just 30 minutes from downtown Saint Louis
  • Excellent Visibility on Old Rte 66 The subject property has excellent frontage on Old Rte 66, which brings over 40,000 vehicles daily.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Dobbs Tire & Auto Center located at 16305 Truman Road, Ellisville, MO 63011. The site consists of roughly 5,950 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 $147,033 and has scheduled increases of 2.00% annually.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,950 SF
Building Class
B
Year Built
1994
Price
$2,450,550
Price Per SF
$412
Cap Rate
6%
NOI
$147,033
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
1.70 AC
Zoning
C
Parking
34 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
39 FT on Truman Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23U-52-0176
Land Assessment
$159,330
Improvements Assessment
$168,350
Total Assessment
$327,680
  • Listing ID: 33841155

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 16305 Truman Rd, Ballwin, MO 63011

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