Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Schnucks: St. Louis, MO 7450 Hampton Ave 51,486 SF Retail Building Saint Louis, MO 63109 $9,533,325 CAD ($185.16 CAD/SF) 6.25% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

The site has operated since 1963 and boasts an operating history of 60+ years.
Positioned at the intersection of Gravois Avenue and Hampton Avenue, which serve as major feeder roads to two of St. Louis' primary highways (44 & 55)
St. Louis MSA (MSA Population: 2.82M+)

Benefits from a competitively isolated pocket with only 2 small-format grocers located within a mile: Aldi (1 mile E) and Save a Lot (1 mile SE)
Walgreens, CVS & McDonald's are also located at the intersection.

Executive Summary

The CBRE Net Lease Property Group is pleased to offer for sale the 51,486-square-foot Schnucks grocery store positioned on 4.93 acres in St. Louis, MO (MSA Population: 2.82M+). Schnucks absolute NNN lease has ±10.9 years of term remaining with 5% rent increases every 5 years and in each of the eight, 5-year renewal options.