Total Access Urgent Care | Festus, MO | 408 Brothers Ave
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Total Access Urgent Care | Festus, MO 408 Brothers Ave
4,654 SF Retail Building Festus, MO 63028 $3,047,000 ($655/SF) 6.65% Cap Rate
Investment Highlights
- New Construction Single-Tenant Corporate Total Access Urgent Care
- 10% increases every 5 years
- Ideally Situated within a Dense Retail Corridor with Frontage Along Veterans Boulevard
- 15 years remaining on 20-year lease
- Top 12% performing location in the chain, based on customer traffic, according to Placer.ai
- Freeway Accessible: The property is half a mile east of Interstate 55 (47,000 CPD), which connects Festus to Downtown St. Louis
Executive Summary
Long-Term Corporate Lease | Extremely High-Reported Sales and Profitability | Top-Performing Location within the TAUC Chain (Placer.ai)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,654 SF
Building Class
B
Year Built
2021
Price
$3,047,000
Price Per SF
$655
Cap Rate
6.65%
NOI
$202,629
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Land Acres
0.54 AC
Frontage
204 FT on Brothers Avenue
Amenities
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 19-3.0-07.0-1-016-008 | Improvements Assessment | $183,100 |
Land Assessment | $52,700 | Total Assessment | $235,800 |
PROPERTY TAXES
Parcel Number
19-3.0-07.0-1-016-008
Land Assessment
$52,700
Improvements Assessment
$183,100
Total Assessment
$235,800
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Total Access Urgent Care | Festus, MO | 408 Brothers Ave
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