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Former Gas Station For Lease
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11829 Lackland Rd, Saint Louis, MO

3,254 SF building on 0.94 acre lot available for lease.

Property Size3,254 SF
Lot Size0.94 Acres
Price / SF$276.28
Days on Market625

Property Features for 11829 Lackland Rd

General Information

Standard status Active
Size 3,254 SF
Lot size 0.94 Acres
Property subtype RETAIL

Properties For Sale

at 11829 Lackland Rd
11829 Lackland Rd AVAILABLE, Now
Floor Bldg
Size 3,254 SF
Type RETAIL
Sublease No
> 11829 Lackland Rd., St. Louis, MO 63146 > ±3,254 SF Building on 0.94 Acre Lot > For Sale: $899,000 or For Lease: $90,000/Year Net > Formerly a QuikTrip Convenience Store Gas Station > All Tanks, Pumps, Lines and Canopy have been removed > No Further Action Letter in process > “PDC” Planned Development Commercial District in the City of Maryland Heights > Excellent Accessibility: Convenient proximity to major highways, including I-270 and the Page Extension (364), ensuring quick and easy connectivity to the greater St. Louis area. > Strong Community & Business Presence: Join a well-established & thriving business district that attracts top-tier companies & professionals. > Ample Parking & Visibility: High-traffic location with excellent visibility for your business, plus abundant on-site parking for tenants & visitors.
Contact us
Listing Agency: Cornerstone Commercial Realty, Inc.
Listed By: Jason M Morgan · License #1999020228
Source: Moodyscre
Added: Feb 11, 2025 Changed: Oct 25 Last Checked: Oct 28 at 12:03PM

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 Cornerstone Commercial Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

Located at 11829 Lackland Rd. in St. Louis, MO, this property features a 3,254 square foot building on a 0.94 acre lot. Formerly a QuikTrip convenience store and gas station, all tanks, pumps, lines, and the canopy have been removed. A No Further Action Letter is in process. The property is located in a Planned Development Commercial District (PDC) within the city of Maryland Heights. The location offers excellent accessibility, with convenient proximity to major highways, including I-270 and the Page Extension (364), ensuring quick and easy connectivity to the greater St. Louis area. It benefits from a strong community and business presence, situated within a well-established and thriving business district that attracts top-tier companies and professionals. The property provides ample parking and visibility in a high-traffic location, offering excellent exposure for businesses, plus abundant on-site parking for tenants and visitors.

Key Highlights

  • Excellent Accessibility: Convenient proximity to major highways I‑270 and Page Extension (364).
  • ±3,254 SF Building on 0.94 Acre Lot.
  • High‑traffic location with excellent visibility and ample parking.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,774
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,480 $875.5K
Cap Rate 7%
$625,343 $625.3K
Cap Rate 9%
$486,378 $486.4K
Market Conditions
NOI Build-Up for 3,254 SF
Gross rent
$72.6K $22.32/SF
− Vacancy
−$10.1K −$3.10/SF
EGI
$62.5K $19.22/SF
− OpEx
−$18.8K −$5.77/SF
NOI
$43.8K $13.45/SF
Area
St. Louis County, MO
Vacancy
13.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,480
Cap Rate 7%
$625,343
Cap Rate 9%
$486,378

Alternative Uses

Best Use
Retail
$625.3K
$547.2K – $729.6K (±1% cap)
NOI $43,774 @ 7.0% cap · market cap 4.87%
Second Best
Specialty Retail
$199.8K
$174.8K – $233.1K (±1% cap)
NOI $13,984 @ 7.0% cap · market cap 1.56%
Theoretical Best
Office A
$698.4K
$611.1K – $814.8K (±1% cap)
NOI $48,886 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Gas stations

Suggested Use

Top Pick Hair Salon Nail Salon Storage Facility Grocery & Convenience Store Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,503
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Hotels & Casinos 19% Dining 10% Home Improvements & Furnishings 3%
QuikTrip Shops & Services
17,593 visits/mo 0.4 miles
Circle K Shops & Services
16,362 visits/mo 0.4 miles
7-Eleven Shops & Services
6,844 visits/mo 0.3 miles
Hooters Dining
5,398 visits/mo 0.1 miles
Bank of America Shops & Services
3,804 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Gas station - 3,254 SF building on 0.94 acre lot available for lease.
Where is this gas station located?
The property is located at 11829 Lackland Rd Saint Louis, MO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Excellent Accessibility: Convenient proximity to major highways I‑270 and Page Extension (364).; ±3,254 SF Building on 0.94 Acre Lot.; High‑traffic location with excellent visibility and ample parking.
(314) 560-8114 Call to check price and availability
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