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Executive Summary

A&M Realty Inc. presents three convenience store properties, operated as Elite Market & Grill, available for sale-leaseback. These properties offer long-term absolute NNN leases, providing stable returns with minimal landlord responsibilities. The leases feature a 12-year minimum term with two 5-year renewal options. The owner has over 18 years of experience in the retail business.

Property Facts

Price $10,542,025 CAD
Price / SF $1,102 CAD / SF
Sale Condition Sale Leaseback
Cap Rate 7.25%
Sale Type Investment NNN
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 9,568 SF
Total Land Area 0.99 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
8337 N Broadway, Saint Louis, MO 63147 Retail 3,900 SF 1968 -
1403 Union Blvd, Saint Louis, MO 63113 Retail 3,340 SF 2017 -
9101 W Florissant Ave, Saint Louis, MO 63136 Retail 2,328 SF 1987 -
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  • Listing ID: 33826533

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: Elite Market & Grill, Saint Louis, MO

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