522-552 E Osage St
Pacific, MO 63069
Pacific Plaza · Retail Property For Sale

Pacific Plaza presents a compelling investment opportunity in the thriving suburb of Pacific, Missouri, just 35 miles west of St. Louis. This 37,106-square-foot neighborhood retail center is strategically positioned along E Osage Street, the city’s primary thoroughfare, ensuring exceptional visibility and steady traffic flow. With a strong 94% occupancy rate across 13 suites, the property features a balanced mix of national brands and local businesses, creating a resilient tenant base supported by both NNN and gross leases.
Recent renovations completed in 2022—including a new parking lot, roof repairs with a 10-year warranty, upgraded HVAC systems, LED lighting, electrical panels, and a refreshed awning—significantly reduce near-term capital expenditures and enhance curb appeal. Investors will appreciate the attractive 9.50% cap rate and in-place NOI of $221,770, offering immediate cash flow with upside potential. Opportunities exist to lease the remaining vacancy and adjust rents to market levels, further boosting returns.
The surrounding trade area is experiencing robust growth, with over 83,000 residents within a 10-mile radius and household incomes averaging $125,000. Pacific’s proximity to major highways and its position within the expanding St. Louis MSA make this asset ideal for long-term appreciation. This is a rare chance to acquire a stabilized, value-add retail center in a high-demand corridor.