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True NNN Lease- Downtown St. Louis Sav A Lot 15,985 SF Retail Building Saint Louis, MO 63113 $6,736,274 CAD ($421.41 CAD/SF) 6.55% Cap Rate

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Investment Highlights

Newer Long Term 15 Yr. True NNN Corp. Lease (Fee) by Sav a Lot (Moran Foods) - Huge COVID Sales Growth
St. Louis MSA is 20th Largest in Nation along the Mississippi River - Huge Growth & Tourism (25M+)
Hard Corner Neighborhood Location - Synergistic Demo’s and Huge Retail Demand - Zero LL Duties

Rare 5% Rent Bumps Every 5 Years for Single Tenant Grocery Asset - 2019 Modern Prototype Bldg.
Strong Lease Guarantee - Subsidiary Brand of Onex Capital (Private Equity Firm) - $39B+ in Assets

Executive Summary

We are pleased to offer to qualified investors an opportunity to purchase fee simple, an absolute NNN leased investment occupied by Save-A-Lot grocer on a new 15 year lease just outside Downtown St. Louis, MO. This brand new 2019 construction, is located on a highly trafficked intersection seeing over 36,000 VPD, and is ideally positioned to take advantage of the dense residential infill surrounding the subject property as well as benefit from the areas high retail demand. This is an excellent opportunity to purchase a corporate signed absolute NNN lease, located just outside one of the largest cities in the U.S.,
surrounded by dense residential infill ideal for the tenant’s use, on a brand new 15 year lease with zero landlord responsibilities.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

15,985 SF

Building Class

Year Built

2019

Price

$6,736,274 CAD

Price Per SF

$421.41 CAD

Cap Rate

6.55%

NOI

$441,490 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.20

Lot Size

1.80 AC

Opportunity Zone

Yes

Zoning

Parking

81 Spaces (5.07 Spaces per 1,000 SF Leased)

Frontage

405’ on Union Boulevard

Signage

Air Conditioning

Major Tenants

Retailer
15,985 SF
$27.62 CAD
Triple Net
Jan 2035

Save A Lot began in 1977 as a discount grocery concept built around value, fresh food, and a smaller-store format. The company now operates as a value-focused grocery chain with a broad assortment that includes fresh produce, meat cut in store, pantry staples, national brands, and exclusive private-label items. Save A Lot also serves independent retail partners through a networked store model that supports local operators while maintaining a consistent grocery offer. The company maintains a significant U.S. presence across numerous stores in many states, reflecting a continued focus on everyday grocery shopping and affordable pricing.