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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

Rent-A-Center
Schnucks
ALDI
Bank of America
Starbucks
Steak ‘n Shake
Fazoli's
Bob Evans Restaurants
The YMCA
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-3.0-07.0-1-016-008
Land Assessment
$52,700
Improvements Assessment
$183,100
Total Assessment
$235,800
  • Listing ID: 33160427

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 408 Brothers Ave, Festus, MO 63028

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