Dobbs Tire & Auto Centers
St. Peters, MO
Key Details
| Price: | $3,376,750 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $202,605 |
| Address: | 1111 Cave Springs Boulevard, St. Peters, Missouri 63376 |
| 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: | 1.27 Acres |
| Building Size: | 10,500 SF |
| Year Built: | 1994 |
NNN Pro is pleased to present the exclusive listing for a Dobbs Tire & Auto Centers located at 1111 Cave Springs Boulevard, St. Peters, Missouri 63376. The site consists of roughly 10500 rentable square feet of building space on an estimated 1.27-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 $202,605 and has scheduled increases of 2.00% Annually.
About the Investment
- Extremely Affluent Community The average household income is over $117,000 within a one-mile radius of the subject investment property.
- Top-Performing Walmart Supercenter The subject property is right down the road from one of the top-performing Walmart Supercenter's in the country, ranking in the 90th percentile for visits and the 84th percentile for sales (via Placer AI).
- Proximity to Major City The subject property is a 30-minute drive 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: | $3,376,750 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $202,605 |
| Address: | 1111 Cave Springs Boulevard, St. Peters, Missouri 63376 |
| 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: | 1.27 Acres |
| Building Size: | 10,500 SF |
| Year Built: | 1994 |
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.