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    Renovated Retail Building on Gravois Title is generated by Realmo AI

    10004 Gravois Rd St., Louis, MO 63123

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    Value-add opportunity with stable NNN lease and high visibility.

    Type:Retail
    Added:
    Sep 8, 2024
    Days on Market:
    667
    Last Refresh:
    Jul 5 at 9:53 am

    Property Features for 10004 Gravois Rd St.

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1960

    Spaces For Lease

    at 10004 Gravois Rd St. Contact us

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    Ben Cherry, CCIM
    Ben Cherry, CCIM

    Listing office Manor Real Estate

    Listing date Sep 8, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Manor Real Estate

    HighLights

    • Value‑add opportunity with significant upside potential due to low occupancy (31%).
    • Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.
    • High‑visibility location at a signalized hard corner with over 20,000 cars passing daily.
    • Stable NNN corporate lease with ACE Cash Express.
    • Located in a densely populated area with a large residential base (289,459 residents within 5 miles).
    • Affluent demographic with an average household income exceeding $91,000.

    Overview

    This commercial property presents a value-add opportunity, featuring a recently renovated building with updated electrical systems, HVAC, roof, plumbing, and parking lot. The property is currently 31% occupied with leases extending through March 31, 2029. Situated on a signalized hard corner, the location benefits from high visibility, with over 20,000 cars passing daily. The surrounding area is densely populated, with 289,459 residents within a 5-mile radius. The property is approximately a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. A stable NNN corporate lease with ACE Cash Express is in place. The area benefits from an affluent demographic, with an average household income exceeding $91,000.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3278
    Latitude
    38.5492

    FAQs

    What type of property is this?
    Strip mall - Value-add opportunity with stable NNN lease and high visibility.
    Where is this strip mall located?
    The property is located at 10004 Gravois Rd St. Louis, MO.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Value‑add opportunity with significant upside potential due to low occupancy (31%).; Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.; **High‑visibility location at a signalized hard corner with over 20,000 cars passing daily.**
    (314) 647-6611 Call to check price and availability
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