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10004 Gravois Rd
Saint Louis, MO 63123
Affton Retail Center for Sale or Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Value Add Multi Tenant Retail Building for sale located on Gravois Rd. in Affton, MO.
- Located at the signalized intersection of Gravois and S. Rock hill rd. with over 20,000 V.P.D.
- Situated in a densely populated St. Louis area with 289,459 residents within a 5-mile radius.
- Currently 31% occupied with leases extending through 3/31/2029.
- Building Recently renovated with new electrical, meters, panels, HVAC, roof, plumbing and parking lot.
- ACE Cash express features a N.N.N. corporate lease with 10% rental increases every five years and multiple renewal options.
EXECUTIVE SUMMARY
This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,453 SF
Building Class
C
Year Built
1958
Price
$1,376,422 CAD
Price Per SF
$252.42 CAD
Percent Leased
34%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.52 AC
Zoning
C2
Parking
28 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
162’ on Gravois Rd
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 26J-43-1214 | Improvements Assessment | $196,751 CAD |
| Land Assessment | $157,141 CAD | Total Assessment | $353,892 CAD |
PROPERTY TAXES
Parcel Number
26J-43-1214
Land Assessment
$157,141 CAD
Improvements Assessment
$196,751 CAD
Total Assessment
$353,892 CAD
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