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522-552 E Osage St
Pacific, MO 63069
Pacific Plaza · Commerce de détail Propriété À vendre

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Faits saillants de l'investissement
- Prime location on Pacific’s main retail corridor
- Recent capital improvements completed in 2022
- 94% occupancy with diverse tenant mix
- Strong demographics and growing population base
Résumé de l'annonce
Pacific Plaza presents a compelling investment opportunity in the thriving suburb of Pacific, Missouri, just 35 miles west of St. Louis. This 37,106-square-foot neighborhood retail center is strategically positioned along E Osage Street, the city’s primary thoroughfare, ensuring exceptional visibility and steady traffic flow. With a strong 94% occupancy rate across 13 suites, the property features a balanced mix of national brands and local businesses, creating a resilient tenant base supported by both NNN and gross leases.
Recent renovations completed in 2022—including a new parking lot, roof repairs with a 10-year warranty, upgraded HVAC systems, LED lighting, electrical panels, and a refreshed awning—significantly reduce near-term capital expenditures and enhance curb appeal. Investors will appreciate the attractive 9.50% cap rate and in-place NOI of $221,770, offering immediate cash flow with upside potential. Opportunities exist to lease the remaining vacancy and adjust rents to market levels, further boosting returns.
The surrounding trade area is experiencing robust growth, with over 83,000 residents within a 10-mile radius and household incomes averaging $125,000. Pacific’s proximity to major highways and its position within the expanding St. Louis MSA make this asset ideal for long-term appreciation. This is a rare chance to acquire a stabilized, value-add retail center in a high-demand corridor.
Recent renovations completed in 2022—including a new parking lot, roof repairs with a 10-year warranty, upgraded HVAC systems, LED lighting, electrical panels, and a refreshed awning—significantly reduce near-term capital expenditures and enhance curb appeal. Investors will appreciate the attractive 9.50% cap rate and in-place NOI of $221,770, offering immediate cash flow with upside potential. Opportunities exist to lease the remaining vacancy and adjust rents to market levels, further boosting returns.
The surrounding trade area is experiencing robust growth, with over 83,000 residents within a 10-mile radius and household incomes averaging $125,000. Pacific’s proximity to major highways and its position within the expanding St. Louis MSA make this asset ideal for long-term appreciation. This is a rare chance to acquire a stabilized, value-add retail center in a high-demand corridor.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
37 106 pi²
Classe d’immeuble
C
Année de construction
1964
Prix
3 245 475 $ CAD
Prix par pi²
87,46 $ CAD
Taux de capitalisation
9,50%
Revenu net d’exploitation
308 320 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Quais de chargement
1 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,40
Taille du lot
2,13 AC
Zonage
FPNU
Stationnement
150 places (4,04 places par 1 000 pi² loué)
Façade
494’ sur Osage St
Commodités
- Affichage
Impôts fonciers
| Numéro de lot | 31Z-63-0080 | Évaluation des bâtiments | 724 378 $ CAD |
| Évaluation du terrain | 103 210 $ CAD | Évaluation totale | 827 588 $ CAD |
Impôts fonciers
Numéro de lot
31Z-63-0080
Évaluation du terrain
103 210 $ CAD
Évaluation des bâtiments
724 378 $ CAD
Évaluation totale
827 588 $ CAD
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