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12103-12145 Bellefontaine Rd
Saint Louis, MO 63138
Retail Property For Sale
EXECUTIVE SUMMARY
Prime 68,400 SF Retail Center – 1031 Exchange Opportunity | Over 80% Leased
This high-performing retail center offers an exceptional investment opportunity in a thriving residential corridor. With over 80% of the space currently leased, this 68,400 SF property is already delivering strong returns, boasting a CAP rate of 10+ with significant upside potential.
• Strategic Location: Nestled in a densely populated residential area, this center benefits from consistent foot traffic and strong community presence.
• 1031 Exchange: Ideal for investors seeking a secure and profitable exchange opportunity.
• Future Development Potential: Land available for additional development to further enhance ROI.
• High Visibility: Excellent signage opportunities to attract local and regional tenants.
• Recent Capital Improvements including a full roof replacement in 2021.
• Ample Parking: Generous 5/1,000 SF parking ratio
?? Call Broker for Confidentiality Agreement and to review the Offering Memorandum.
This high-performing retail center offers an exceptional investment opportunity in a thriving residential corridor. With over 80% of the space currently leased, this 68,400 SF property is already delivering strong returns, boasting a CAP rate of 10+ with significant upside potential.
• Strategic Location: Nestled in a densely populated residential area, this center benefits from consistent foot traffic and strong community presence.
• 1031 Exchange: Ideal for investors seeking a secure and profitable exchange opportunity.
• Future Development Potential: Land available for additional development to further enhance ROI.
• High Visibility: Excellent signage opportunities to attract local and regional tenants.
• Recent Capital Improvements including a full roof replacement in 2021.
• Ample Parking: Generous 5/1,000 SF parking ratio
?? Call Broker for Confidentiality Agreement and to review the Offering Memorandum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
70,974 SF
Building Class
B
Year Built
1963
Price
$5,306,570 CAD
Price Per SF
$74.77 CAD
Cap Rate
10.78%
NOI
$572,076 CAD
Percent Leased
69%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
3.36 AC
Zoning
Commercial - Commercial
Parking
100 Spaces (1.44 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 08E-52-0820 | Improvements Assessment | $811,340 CAD |
| Land Assessment | $193,669 CAD | Total Assessment | $1,005,009 CAD |
PROPERTY TAXES
Parcel Number
08E-52-0820
Land Assessment
$193,669 CAD
Improvements Assessment
$811,340 CAD
Total Assessment
$1,005,009 CAD
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