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Shadow-Anchored Neighborhood Strip Centers
For Sale
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Pending

1101 W Gannon Dr, Festus, MO 63028

Two shadow-anchored neighborhood strip centers totaling 29,319 sq. ft., anchored by Home Depot and Schnucks.

Property SizeContact for details
Days on Market143

Property Features for 1101 W Gannon Dr

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE - Saint Louis
Listed By: Chase Young · License #MO 2007-033328
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 31 at 9:30AM

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 CBRE - Saint Louis

Investment Insights

Based on property information with market context.

CBRE is pleased to offer for sale, on behalf of Ownership, the 100% fee simple interest in two shadow-anchored neighborhood strip centers in Festus, Missouri. The portfolio totals 29,319 square feet and is shadow anchored by Home Depot and Schnucks.

The centers feature a diverse tenant base described as consisting of ecommerce-resistant, service-oriented and medical tenants. The offering also notes a track record of maintaining high occupancy and a tenant base with long-standing operational history at the property.

This is presented as a portfolio sale opportunity comprised of two neighborhood strip centers with the stated anchor relationships and an existing mix of service and medical tenants.

Key Highlights

  • Two shadow‑anchored neighborhood strip centers totaling 29,319 sq. ft.
  • Portfolio is anchored by Home Depot and Schnucks.
  • Diverse tenant mix includes ecommerce‑resistant service‑oriented and medical tenants.

Property Analytics

Current Use

Twin Cities Surgery ... Medical Clinic Maceren Rodolfo L ... Physician CRAIG RICHARD RUBLE Physician

Suggested Use

Top Pick Auto Parts Store Storage Facility HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

871
Businesses Nearby
432k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 21% Home Improvements & Furnishings 14% Groceries 11%
Schnucks Groceries
46,532 visits/mo 0.2 miles
McDonald's Dining
33,772 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
30,674 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
29,157 visits/mo 0.4 miles
Phillips 66 Shops & Services
23,816 visits/mo 0.1 miles

Demographics for 63028, MO

27,924
Population
11,390
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
91%
High-School Grad
125.8 sq mi
ZIP Area
222
Density / Sq Mi
$76,468
Median Household Income
$46,341
Median Earnings
$937
Median Rent
$221,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Twin City Mall 105 Twin City Mall, Crystal City, MO 63019

Frequently Asked Questions

What type of property is this?
Shopping center - Two shadow-anchored neighborhood strip centers totaling 29,319 sq. ft., anchored by Home Depot and Schnucks.
Where is this shopping center located?
The property is located at 1101 W Gannon Dr Festus, MO.
What are key features of this property?
This property features: Two shadow‑anchored neighborhood strip centers totaling 29,319 sq. ft.; Portfolio is anchored by Home Depot and Schnucks.; Diverse tenant mix includes ecommerce‑resistant service‑oriented and medical tenants.
More about this property
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