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720-728 S 4th St 4 085 pi² 100% Loué Commerce de détail Immeuble Saint Louis, MO 63102 2 066 838 $ CAD (505,96 $ CAD/pi²) 9,70% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime Downtown Location – Two blocks from Busch Stadium near Ballpark Village, Gateway South, and Millennium Hotel redevelopment.
- Event-Driven Revenue – High-demand parking during Cardinals games, concerts, and downtown activity.
- Redevelopment Upside – Surrounded by major projects fueling growth and long-term appreciation.
- Two Income Streams – Meineke on long-term NNN lease plus steady parking income from events and nightlife.
- Stable Long-Term Tenant – Meineke provides consistent income with minimal management required.
- Seller Financing Available – Flexible terms offered for qualified investors.
RÉSUMÉ DE L'ANNONCE
Two Income Streams | Steps from Busch Stadium | Seller Financing Available
Located just two blocks from Busch Stadium, 720-728 S. 4th Street offers investors a rare opportunity to acquire a high-visibility asset in one of downtown St. Louis’s most active commercial corridors. The property features:
- A long-term triple net (NNN) lease with the national tenant Meineke, providing steady income with minimal landlord management.
- A surface parking lot generating strong revenue, capitalizing on game-day demand at Busch Stadium, plus additional activity from nearby bars, restaurants and event venues.
Crucially, this location also sits in the midst of major planned redevelopment initiatives: the proposed Gateway South innovation district and the redevelopment of the former Millennium Hotel site (a ~$670 M mixed-use project) — both set to drive increased foot traffic, residential and commercial density nearby.
With secure in-place income, a strong peripheral upside in parking and redevelopment tailwinds from surrounding projects, this offering is ideal for investors seeking an income-producing asset in the heart of St. Louis’s sports and entertainment hub. The seller is open to offering seller financing to qualified buyers, adding further flexibility to the transaction.
Located just two blocks from Busch Stadium, 720-728 S. 4th Street offers investors a rare opportunity to acquire a high-visibility asset in one of downtown St. Louis’s most active commercial corridors. The property features:
- A long-term triple net (NNN) lease with the national tenant Meineke, providing steady income with minimal landlord management.
- A surface parking lot generating strong revenue, capitalizing on game-day demand at Busch Stadium, plus additional activity from nearby bars, restaurants and event venues.
Crucially, this location also sits in the midst of major planned redevelopment initiatives: the proposed Gateway South innovation district and the redevelopment of the former Millennium Hotel site (a ~$670 M mixed-use project) — both set to drive increased foot traffic, residential and commercial density nearby.
With secure in-place income, a strong peripheral upside in parking and redevelopment tailwinds from surrounding projects, this offering is ideal for investors seeking an income-producing asset in the heart of St. Louis’s sports and entertainment hub. The seller is open to offering seller financing to qualified buyers, adding further flexibility to the transaction.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Réparation automatique
Taille du bâtiment
4 085 pi²
Classe d’immeuble
B
Année de construction
1983
Prix
2 066 838 $ CAD
Prix par pi²
505,96 $ CAD
Taux de capitalisation
9,70%
Revenu net d’exploitation
200 463 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,32
Taille du lot
0,30 AC
Zone de développement économique
Oui
Zonage
L
Stationnement
44 places (10,77 places par 1 000 pi² loué)
Façade
132’ sur 4th St
Bike Score®
Très cyclable (70)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
The Bistro
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 83 583 $ CAD | |
| Évaluation du terrain | 60 608 $ CAD | Évaluation totale | 144 191 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
60 608 $ CAD
Évaluation des bâtiments
83 583 $ CAD
Évaluation totale
144 191 $ CAD
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720-728 S 4th St
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