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720-728 S 4th St 4,085 SF 100% Leased Retail Building Saint Louis, MO 63102 $2,085,824 CAD ($510.61 CAD/SF) 9.70% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Downtown Location – Two blocks from Busch Stadium near Ballpark Village, Gateway South, and Millennium Hotel redevelopment.
- Event-Driven Revenue – High-demand parking during Cardinals games, concerts, and downtown activity.
- Redevelopment Upside – Surrounded by major projects fueling growth and long-term appreciation.
- Two Income Streams – Meineke on long-term NNN lease plus steady parking income from events and nightlife.
- Stable Long-Term Tenant – Meineke provides consistent income with minimal management required.
- Seller Financing Available – Flexible terms offered for qualified investors.
EXECUTIVE SUMMARY
Two Income Streams | Steps from Busch Stadium | Seller Financing Available
Located just two blocks from Busch Stadium, 720-728 S. 4th Street offers investors a rare opportunity to acquire a high-visibility asset in one of downtown St. Louis’s most active commercial corridors. The property features:
- A long-term triple net (NNN) lease with the national tenant Meineke, providing steady income with minimal landlord management.
- A surface parking lot generating strong revenue, capitalizing on game-day demand at Busch Stadium, plus additional activity from nearby bars, restaurants and event venues.
Crucially, this location also sits in the midst of major planned redevelopment initiatives: the proposed Gateway South innovation district and the redevelopment of the former Millennium Hotel site (a ~$670 M mixed-use project) — both set to drive increased foot traffic, residential and commercial density nearby.
With secure in-place income, a strong peripheral upside in parking and redevelopment tailwinds from surrounding projects, this offering is ideal for investors seeking an income-producing asset in the heart of St. Louis’s sports and entertainment hub. The seller is open to offering seller financing to qualified buyers, adding further flexibility to the transaction.
Located just two blocks from Busch Stadium, 720-728 S. 4th Street offers investors a rare opportunity to acquire a high-visibility asset in one of downtown St. Louis’s most active commercial corridors. The property features:
- A long-term triple net (NNN) lease with the national tenant Meineke, providing steady income with minimal landlord management.
- A surface parking lot generating strong revenue, capitalizing on game-day demand at Busch Stadium, plus additional activity from nearby bars, restaurants and event venues.
Crucially, this location also sits in the midst of major planned redevelopment initiatives: the proposed Gateway South innovation district and the redevelopment of the former Millennium Hotel site (a ~$670 M mixed-use project) — both set to drive increased foot traffic, residential and commercial density nearby.
With secure in-place income, a strong peripheral upside in parking and redevelopment tailwinds from surrounding projects, this offering is ideal for investors seeking an income-producing asset in the heart of St. Louis’s sports and entertainment hub. The seller is open to offering seller financing to qualified buyers, adding further flexibility to the transaction.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,085 SF
Building Class
B
Year Built
1983
Price
$2,085,824 CAD
Price Per SF
$510.61 CAD
Cap Rate
9.70%
NOI
$202,304 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
L
Parking
44 Spaces (10.77 Spaces per 1,000 SF Leased)
Frontage
132’ on 4th St
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
The Bistro
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $83,583 CAD | |
| Land Assessment | $60,608 CAD | Total Assessment | $144,191 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$60,608 CAD
Improvements Assessment
$83,583 CAD
Total Assessment
$144,191 CAD
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720-728 S 4th St
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