10004 Gravois Road St, Louis, MO 63123
COMMERCIAL - St Louis, MO
- Added:
- Mar 23, 2026
- Days on Market:
- 100
- Last Refresh:
- Jun 30 at 4:06 pm
Property Features for 10004 Gravois Road St
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking features
- Open, Parking Lot
- Standard status
- Active
- APN
- 26J-43-1214
- Size
- 5,453 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 32839
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1941
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Ben Cherry License #2006018085 (314) 647-6611
Listing office Manor Real Estate 8085 Manchester Road, Saint Louis, MO (314) 647-6611
Listing date Mar 23, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.
- Currently 31% occupied with leases through 3/31/2029.
- Stable NNN corporate lease with ACE Cash Express.
- Signalized hard‑corner location with visibility to 20,000+ cars daily.
- Brick building built in 1941; forced‑air heating.
- Public utilities available: water and public sewer.
Overview
The property is located at a signalized hard corner and is described as being visible to over 20,000 cars daily. It sits in a densely populated area with 289,459 residents within a 5-mile radius. The listing also notes a 25-minute drive to downtown St. Louis and St. Louis Lambert International Airport.
For buyers and operators seeking a NNN retail asset with recently completed capital improvements, the current leasing profile includes a stable NNN corporate lease with ACE Cash Express. The demographic information provided reflects an average household income exceeding $91,000 within the area, supporting a tenant mix aligned with higher-income retail demand. This is a value-add opportunity built on updated building systems and a high-visibility location at a controlled intersection.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.7k | $22.32 |
| − Vacancy | −$16.9k | −$3.10 |
| EGI | $104.8k | $19.22 |
| − OpEx | −$31.4k | −$5.77 |
| NOI | $73.4k | $13.45 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.333261
- Latitude
- 38.550466
