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    Neighborhood Center in Growing Suburb Title is generated by Realmo AI

    522 E Osage St, Pacific, MO 63069

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    For Sale
    $2,334,421

    37,106 SF neighborhood center, 94% occupied, renovated in 2022.

    Type:Shopping Strip
    Property size:
    37,106 SF
    Price / SF:
    $62/SF
    Added:
    Apr 3, 2026
    Days on Market:
    68
    Last Refresh:
    Apr 3 at 5:34 am

    Property Features for 522 E Osage St

    General Information

    Standard status
    Active
    Size
    37,106 SF
    Property subtype
    Shopping Strip

    Building Details

    Year Built
    1964

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    Listing Contact
    Alec Coronado

    Listing agent Alec Coronado License #MO: 2020018510

    Listing office St. Louis Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    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 St. Louis Office

    HighLights

    • High 9.51% CAP rate offers strong immediate return on investment.
    • 94% Occupancy with long‑term lease extensions from established tenants.
    • Recently renovated in 2022 with significant upgrades: new parking lot, roof, HVAC, LED lights, electrical panels, and awning.
    • Opportunity to increase NOI by leasing remaining 2,195 SF vacancy.
    • Located on E Osage St., the main thoroughfare in a growing St. Louis suburb (Pacific, MO).
    • Potential for increased revenue by raising existing tenant rents to market rates and converting leases to NNN.

    Overview

    Pacific Plaza is a 37,106 square foot neighborhood center comprised of 13 bays, with 94% occupancy. Located on E Osage St., the main thoroughfare running through Pacific, MO, the property was renovated in 2022. Renovations included a new parking lot, roof, HVAC, LED lights, electrical panels, and awning. The tenant mix includes both national and local businesses, with a combination of NNN and gross leases. Vero Fitness and Osage Gold & Silver recently signed long-term lease extensions, converting their gross leases to NNN leases. A new title company is set to occupy suite 546 A. These updates are projected to increase the NOI from $186,435 to $221,770. The property is located in Pacific, a growing suburb of the greater Saint Louis MSA, approximately 35 miles from St. Louis City. There are 83,9127 people living within 10 miles of the property. The center presents an opportunity to add value by leasing the remaining 2,195 square feet of vacant space. There is also potential for investors to increase existing tenant's rents to market rates and incorporate taxes, insurance, and CAM charges into the leases at renewal.
    Location Intelligence

    Current Use by Public Records

    Vero Fitness Gym & Fitness Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pacific
    County
    Franklin
    State
    Missouri
    Longitude
    -90.734883
    Latitude
    38.4835598

    FAQs

    What type of property is this?
    Shopping center - 37,106 SF neighborhood center, 94% occupied, renovated in 2022.
    Where is this shopping center located?
    The property is located at 522 E Osage St Pacific, MO.
    What is the asking price?
    The asking price for this property is $2,334,421.
    What are key features of this property?
    This property features: High 9.51% CAP rate offers strong immediate return on investment.; 94% Occupancy with long‑term lease extensions from established tenants.; Recently renovated in 2022 with significant upgrades: new parking lot, roof, HVAC, LED lights, electrical panels, and awning.
    More about this property
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