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Westgate Centre + Chick-Fil-A 2 Retail Properties in Creve Coeur, MO

INVESTMENT HIGHLIGHTS
- 92% leased retail center with strong historical occupancy
- Located on Olive Blvd with 37,165 VPD and proximity to I-270
- Recent capital improvements including 2018 roof with 20-year warranty
- Long-term Chick-fil-A lease through 2038 enhances income stability
- Surrounded by national retailers and dense residential neighborhoods
EXECUTIVE SUMMARY
Westgate Centre presents a rare opportunity to acquire a stabilized, multi-tenant retail asset in the heart of Creve Coeur, one of St. Louis County’s most affluent and dynamic submarkets. Spanning 55,667 square feet across a single story, this neighborhood center is 92% leased and anchored by a long-term Chick-fil-A lease through 2038—an exceptional credit tenant that enhances the asset’s income durability.
The center benefits from a strategic location just half a mile west of I-270 along Olive Boulevard, a major retail corridor with over 37,000 vehicles per day. It is surrounded by national retailers including Trader Joe’s, Kohl’s, Marshalls, and Dierbergs, and is adjacent to dense residential neighborhoods and major employment hubs.
Built in 1978 and renovated between 2014 and 2016, the property features a durable brick and wood façade, rooftop HVAC units per suite, and a 2018 EPDM roof with a 20-year warranty. The 7.11-acre site offers 334 surface parking spaces and excellent ingress/egress.
Creve Coeur is also home to the 600-acre 39North agtech innovation district, anchored by Bayer Crop Science and the Donald Danforth Plant Science Center, further enhancing the area’s economic vitality. With a median household income exceeding $100,000 within a 3-mile radius and a daytime population of over 117,000, Westgate Centre is ideally positioned for long-term value growth.
The center benefits from a strategic location just half a mile west of I-270 along Olive Boulevard, a major retail corridor with over 37,000 vehicles per day. It is surrounded by national retailers including Trader Joe’s, Kohl’s, Marshalls, and Dierbergs, and is adjacent to dense residential neighborhoods and major employment hubs.
Built in 1978 and renovated between 2014 and 2016, the property features a durable brick and wood façade, rooftop HVAC units per suite, and a 2018 EPDM roof with a 20-year warranty. The 7.11-acre site offers 334 surface parking spaces and excellent ingress/egress.
Creve Coeur is also home to the 600-acre 39North agtech innovation district, anchored by Bayer Crop Science and the Donald Danforth Plant Science Center, further enhancing the area’s economic vitality. With a median household income exceeding $100,000 within a 3-mile radius and a daytime population of over 117,000, Westgate Centre is ideally positioned for long-term value growth.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 60,329 SF |
| Number of Properties | 2 | Total Land Area | 14.07 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 60,329 SF |
| Total Land Area | 14.07 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Westgate Shopping Centre
12316-12392 Olive Blvd, Creve Coeur, MO 63141 |
Retail | 55,667 SF | 1978 | - |
|
Chick-Fil-A
12398 Olive Blvd, Creve Coeur, MO 63141 |
Retail | 4,662 SF | 2024 | - |
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Westgate Centre + Chick-Fil-A
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