Dobbs Tire & Auto Centers
Florissant, MO
Key Details
| Price: | $2,512,000 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $150,720 |
| Address: | 2775 Lindbergh Boulevard, Florissant, Missouri 63033 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 2.00% Annually |
| Lot Size: | 0.96 Acres |
| Building Size: | 8,830 SF |
| Year Built: | 1973 |
NNN Pro is pleased to present the exclusive listing for a Dobbs Tire & Auto Centers located at 2775 Lindbergh Boulevard, Florissant, Missouri 63033. The site consists of roughly 8830 rentable square feet of building space on an estimated 0.96-acre parcel of land. This Dobbs Tire & Auto Centers is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $150,720 and has scheduled increases of 2.00% Annually.
About the Investment
- Excellent Visibility on Lindbergh Blvd | The subject property has excellent frontage on Lindbergh Blvd which receives over 30,600 vehicles daily. Nearby, New Halls Ferry Road receives 26,500 vehicles area daily.
- High Performing, Dense Retail Corridor | The subject property is strategically located in a thriving retail corridor, surrounded by a strong mix of national and local tenants. Notable national retailers include Target, Walmart, Aldi, The Home Depot, and Petco, among others. Aldi, situated just 0.4 miles south of the property, attracts approximately 560,000 annual visitors—placing it in the 91st percentile of all Aldi locations nationwide.
- Proximity to Major City | The subject property is just 30 minutes from downtown Saint Louis, which is the center of the largest metropolitan area in Missouri and the 23rd-largest in the US.
Key Details
| Price: | $2,512,000 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $150,720 |
| Address: | 2775 Lindbergh Boulevard, Florissant, Missouri 63033 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 2.00% Annually |
| Lot Size: | 0.96 Acres |
| Building Size: | 8,830 SF |
| Year Built: | 1973 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Matthew Anuszkiewicz
manuszkiewicz@nnnpro.com
License: NY: 10401294046
Ryan Sblendorio
rsblendorio@nnnpro.com
License: NY: 10401309105
Amelia Haydock
ahaydock@nnnpro.com
License: NY: 10401334976
Luke Babcock
lbabcock@nnnpro.com
License: NY: 10401387024
Broker of Record
Brian Brockman
Bang Realty-Missouri, Inc
License: 2017032771
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.