1125 N 2nd St, MO
Renovated commercial space in the heart of historic French Town.
- Added:
- Sep 19, 2024
- Days on Market:
- 628
- Last Refresh:
- May 20 at 9:22 pm
Property Features for 1125 N 2nd St
General Information
- Standard status
- Active
- Size
- 2,852 SF
- Lot size
- 0.09 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1125 N 2nd St Contact usListing agent Corey Webb (636) 357-7004
Listing office Thomas Realty Group, LLC (636) 357-7004
Listing date Sep 19, 2024
Source Moodyscre
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 Thomas Realty Group, LLC
HighLights
- Main level commercial space offering 1,426 SF
- Commercial space lease rate: $2,614/monthly + NNN
- Features 2 renovated rental units on the 2nd floor
- Investment or owner/user opportunity
- Located in the heart of historic French Town
- Sale price: $800,000.00
Overview
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 | $65.7k | $23.04 |
| − Vacancy | −$2.7k | −$0.94 |
| EGI | $63.0k | $22.10 |
| − OpEx | −$18.9k | −$6.63 |
| NOI | $44.1k | $15.47 |
