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Creve Coeur Centre 11733-11745 Olive Blvd 35,000 SF 100% Leased Retail Building Creve Coeur, MO 63141 $10,469,400 CAD ($299.13 CAD/SF) 7.04% Cap Rate
INVESTMENT HIGHLIGHTS
- Highly Visible 100% occupied shopping center at signalized intersection, great access to highway 270, 40k cars per day.
EXECUTIVE SUMMARY
High visabilty in St Louis suburb of Creve Coeur featuring an Aldi anchored 35,000 sf neighborhood shopping center with strong demographics, high traffic count of approximately 40k per day at a signalized corner.
The center is adjacent to City Place a nearly 1MM square foot class A office complex.
The WALT is 5.38 with Aldi just under 7.5 years, The NOI is based on St Luke's scheduled 13k increase to start in May of 2026
St Luke's has exercised its next five-year option.
The center is adjacent to City Place a nearly 1MM square foot class A office complex.
The WALT is 5.38 with Aldi just under 7.5 years, The NOI is based on St Luke's scheduled 13k increase to start in May of 2026
St Luke's has exercised its next five-year option.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
35,000 SF
Building Class
B
Year Built
1996
Price
$10,469,400 CAD
Price Per SF
$299.13 CAD
Cap Rate
7.04%
NOI
$737,546 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.33
Lot Size
2.46 AC
Zoning
CB - Zoning is CB
Parking
144 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17O-62-1126 | Improvements Assessment | $2,136,456 CAD |
| Land Assessment | $1,463,859 CAD | Total Assessment | $3,600,315 CAD |
PROPERTY TAXES
Parcel Number
17O-62-1126
Land Assessment
$1,463,859 CAD
Improvements Assessment
$2,136,456 CAD
Total Assessment
$3,600,315 CAD
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Creve Coeur Centre | 11733-11745 Olive Blvd
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