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12653 Olive Blvd
Creve Coeur, MO 63141
Buffalo Wild Wings · Retail Property For Sale
Investment Highlights
- 21-Year Historical Operating History
- Early 8-Year Lease Renewal
- Proximity to Barnes Jewish West County Hospital
- Outstanding Rent/Sales Ratio
- Highly Passive Net Lease with Strong Residual Value
- Excellent Retail Corridor
Executive Summary
Northmarq is pleased to present a rare opportunity to acquire a fee-simple interest in the retail property located at 12653 Olive Boulevard, Creve Coeur, MO 63141 (the "Property”). The Property consists of approximately 5,600 square feet of retail space on a 0.50-acre parcel, leased to Buffalo Wild Wings under a net lease with 6 years 9 months of lease term remaining. Buffalo Wild Wings has operated at this location for more than twenty-one (21) consecutive years and recently extended their lease early for an additional eight (8) years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,600 SF
Building Class
B
Year Built
2004
Price
$2,734,100 CAD
Price Per SF
$488.23 CAD
Cap Rate
6.72%
NOI
$183,732 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.50 AC
Zoning
CB
Parking
120 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
204’ on Olive Blvd
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 16P-32-0735 | Improvements Assessment | $151,141 CAD |
| Land Assessment | $152,453 CAD | Total Assessment | $303,594 CAD |
Property Taxes
Parcel Number
16P-32-0735
Land Assessment
$152,453 CAD
Improvements Assessment
$151,141 CAD
Total Assessment
$303,594 CAD
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