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4111 N Cloverleaf Dr 16,460 SF 100% Leased Retail Building Saint Peters, MO 63376 $3,210,616 CAD ($195.06 CAD/SF) 7.78% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% occupancy with a strong mix of essential businesses and service-oriented tenants, providing stable cash flow.
  • Situated in the thriving St. Charles retail submarket with excellent visibility and accessibility from Veterans Memorial Parkway and I-70.
  • St. Peters is experiencing continued population and business growth, supported by commercial and residential development.
  • Triple-net (NNN) leases with below-market rental rates offer investors the opportunity for future income growth.
  • Close to major retailers like Target, Home Depot, and Hobby Lobby, as well as key attractions such as Kokomo Joe’s Family Fun Center.
  • Open asphalt-paved parking with shared cross-parking enhances convenience for tenants and visitors.

EXECUTIVE SUMMARY

Cave Springs Square presents an outstanding investment opportunity in the heart of St. Peters, Missouri. This fully leased neighborhood center, located at 4111 - 4139 N Cloverleaf Drive, spans 16,460 square feet and is home to a strong mix of essential businesses and service-oriented tenants. With NNN lease structures and below-market rental rates, investors have the potential for future rent growth while benefiting from a stable, established tenant base.
The property is strategically positioned within the thriving St. Charles retail submarket of the St. Louis MSA, offering excellent visibility and accessibility via Veterans Memorial Parkway and Interstate 70. Surrounding demand drivers include national retailers such as Target, Home Depot, and Hobby Lobby, along with major attractions like Kokomo Joe’s Family Fun Center and Barnes-Jewish St. Peters Hospital. The recently developed Park 370 industrial park, home to an Amazon Fulfillment Center, further strengthens the area's economic vitality.
St. Peters continues to experience strong population and business growth, supported by ongoing commercial and residential development, including a nearby 143-unit apartment complex built in 2019. The center also offers convenient open asphalt-paved parking with shared cross-parking for tenants and visitors.
With its prime location, strong tenant mix, and proximity to major commercial and industrial hubs, Cave Springs Square is a compelling investment in a growing and dynamic market.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
16,460 SF
Building Class
C
Year Built
1980
Price
$3,210,616 CAD
Price Per SF
$195.06 CAD
Cap Rate
7.78%
NOI
$249,745 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.64 AC
Parking
125 Spaces (7.59 Spaces per 1,000 SF Leased)
Frontage
473’ on North Cloverleaf Drive

AMENITIES

  • Pylon Sign
  • Signage

NEARBY MAJOR RETAILERS

Red Lobster
Bandana's Bar-B-Q
Ponderosa Steakhouse
The Pasta House
Denny's
LongHorn Steakhouse
Hooters
The YMCA
Starbucks
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6-0016-D275-00-00A2.0000000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$598,124 CAD
  • Listing ID: 35078861

  • Date on Market: 2025-03-10

  • Last Updated:

  • Address: 4111 N Cloverleaf Dr, Saint Peters, MO 63376

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