Single-Tenant NNN
1906 DELMAR BLVD, Saint Louis, MO 63103
For Sale
New
Contact for pricing
A fenced, gated, paved site is leased through March 31, 2030.
Property Size5,780 SF
Lot Size0.67 Acres
Price / SF$102.79
Days on Market4
Property Features for 1906 DELMAR BLVD
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Cap Rate
Fenced Yard
Tenant in Place
Building Details
Building Size
Tenancy
Listing Agency:
Stephen F. Bahn Commercial Real Estate
(314) 849-5858
Listed By:
Brian McCune · License MO #2024004829
(314) 276-5493
Source:
Moodyscre
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:41PM
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 Stephen F. Bahn Commercial Real Estate
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Investment Insights
Based on property information with market context.
The property includes a 5,780-square-foot building on 0.67 acres. The site is paved and enclosed with fencing and gates. A single-tenant NNN lease runs through March 31, 2030, and is backed by a nationally affiliated tenant.
Located at 1906 Delmar Blvd in Saint Louis, the property carries a 7.50% cap rate.
Located at 1906 Delmar Blvd in Saint Louis, the property carries a 7.50% cap rate.
Key Highlights
- 5,780‑square‑foot building on 0.67 acres
- Single‑tenant NNN lease runs through 03/31/2030
- Lease backed by a nationally affiliated tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,913
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,260
$458.3K
Cap Rate 7%
$327,329
$327.3K
Cap Rate 9%
$254,589
$254.6K
Market Conditions
NOI Build-Up for 5,780 SF
Gross rent
$34.3K $5.93/SF
− Vacancy
−$1.5K −$0.27/SF
EGI
$32.7K $5.66/SF
− OpEx
−$9.8K −$1.70/SF
NOI
$22.9K $3.96/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,260
Cap Rate 7%
$327,329
Cap Rate 9%
$254,589
Alternative Uses
Best Use
Industrial
$327.3K
$286.4K – $381.9K
NOI $22,913 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,834 @ 7.0% cap · market cap 14.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,514
Businesses Nearby
Explore this area
Business Placement
Demographics for 63103, MO
9,411
Population
5,990
Households
1.6
Avg Household Size
31
Median Age
51%
College-Educated
91%
High-School Grad
2.2 sq mi
ZIP Area
4,278
Density / Sq Mi
$37,500
Median Household Income
$36,091
Median Earnings
$978
Median Rent
$205,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for NNN properties in St. Louis County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - A fenced, gated, paved site is leased through March 31, 2030.
Where is this nnn property located?
The property is located at 1906 DELMAR BLVD Saint Louis, MO.
What is the asking price?
The asking price for this property is $594,117.
What are key features of this property?
This property features: 5,780‑square‑foot building on 0.67 acres; Single‑tenant NNN lease runs through 03/31/2030; Lease backed by a nationally affiliated tenant
