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Schnucks 499 E Veterans Memorial Pky 37,631 SF Retail Building Warrenton, MO 63383 $5,863,981 CAD ($155.83 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

Part of the larger Schnucks Portfolio (8 Assets in MO & IL) - Seller is encouraging individual and portfolio offers.
Located at the full diamond interchange of Highway 70 & East State Highway 47.
Immediately adjacent to Tractor Supply. Additional retailers in the area include Walmart Supercenter, Walgreens, Dollar General, etc.

Recently-developed small format concept tailor-designed to cater to the under-served and growing Warrenton market and its outlying communities.
The property has 4 points of ingress/egress from Highway 47 and East Veterans Memorial Highway, which serve as primary thoroughfares in Warrenton.
St. Louis, MO MSA (MSA Population: 2.82M+).

EXECUTIVE SUMMARY

The CBRE Net Lease Property Group is pleased to offer for sale the 37,631-square-foot Schnucks grocery store positioned on 6.23 acres in Warrenton, MO — part of the St. Louis MSA (MSA Population: 2.82M+). Schnucks absolute NNN lease has ±11.5 years of term remaining with 5% rent increases every 5 years and in each of the eight, 5-year renewal options. The property is part of the larger Schnucks Portfolio, which consists of eight assets in Missouri and Illinois. The seller is highly encouraging individual and portfolio offers.