Dobbs Tire & Auto Centers
Florissant, MO
Key Details
| Price: | $3,526,200 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $211,572 |
| Address: | 537 Howdershell Road, Florissant, Missouri 63031 |
| 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: | 0.84 Acres |
| Building Size: | 7,100 SF |
| Year Built: | 1993 |
NNN Pro is pleased to present the exclusive listing for a Dobbs Tire & Auto Centers located at 537 Howdershell Road, Florissant, Missouri 63031. The site consists of roughly 7100 rentable square feet of building space on an estimated 0.84-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 $211,572 and has scheduled increases of 2.00% Annually.
About the Investment
- Great Visibillity on Highly Trafficked Thoroughfare | The subject investment property is located on Howdershell Rd, which receives an average traffic count of more than 40,000 vehicles per day.
- Proximity to Major City | The subject property is less than 30 minutes from downtown Saint Louis, which is the center of the largest metropolitan area in Missouri and the 23rd-largest in the US.
- Dense Retail Corridor | This Dobbs Tire is located in a dense retail corridor with mix of national tenants. These tenants include ALDI, McDonald's, Valvoline, Dollar General, Dairy Queen, Walgreens, Phillips 66, BP, and more.
Key Details
| Price: | $3,526,200 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $211,572 |
| Address: | 537 Howdershell Road, Florissant, Missouri 63031 |
| 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: | 0.84 Acres |
| Building Size: | 7,100 SF |
| Year Built: | 1993 |
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
Related Listings
Loading...
Dobbs Tire & Auto Centers
2775 Lindbergh Boulevard, Florissant, Missouri 63033
PRICE$2,512,000
CAP RATE6.00%
Loading...
Take 5 Oil Change
301 North Westwood Boulevard, Poplar Bluff, Missouri 63901
PRICE$1,583,333
CAP RATE6.00%
Loading...
Dobbs Tire & Auto Centers
1354 Jeffco Boulevard, Arnold, Missouri 63010
PRICE$2,423,350
CAP RATE6.00%
Loading...
Starbucks
1992 Zumbehl Road, Saint Charles, Missouri 63303
PRICE$2,944,882
CAP RATE6.35%
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.