7057-7077 Chippewa St
Saint Louis, MO 63119

The Chetek Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Chippewa Center (“the Property”), a 147,920 square-foot grocery-anchored community shopping center located in St. Louis, Missouri. Schnucks, St. Louis’s market-dominant grocer, anchors Chippewa Center after recently announcing it is taking over the long time former Shop N’ Save store location as part of its St. Louis area wide 19 store Supervalu acquisition. Schnucks, headquartered in St. Louis, has more than 119 grocery stores across five Midwest states. Chippewa Center is a part of the first tranche of new stores being converted to the Schnucks Grocery banner. The store’s new upgrades include installing new point-of-sale systems, new Schnucks branded signage and merchandise restocking. The 3-tenant shopping center also includes Value City Furniture who has operated at the Property for more than 20 years, Dollar Tree, and a new Bank of America drive thru ATM. The +/- 13.5-acre site provides the new owner significant upside potential with excess parking and ample space for additional out lot development opportunities. The subject property is strategically positioned along Watson Rd., the primary retail corridor within the trade area. Located in an unincorporated St Louis County near its border with St. Louis City, the area is primarily characterized as a blue-collar demographic that offers high population density and average household incomes that exceed the national average. In addition, within 1-mile of the subject property along the Watson Rd corridor there is approximately 650,000 square feet of retail development that is currently 92% leased. The immediate area includes major retailers such as; Super Walmart, Petco, Planet Fitness, Aldi, Dierberg’s, McDonalds, Tacobell, and Regions Bank among others.