Listing Agency: Pace Properties Show Phone

Listed By: Michael Swearngin · License #1999138944 Show Phone

Source: Moodyscre

Added: Dec 20, 2018 Changed: Jul 6 Last Checked: Jul 21 at 4:34AM

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Investment Insights

Based on property information with market context.

This high-profile retail space is located at the entrance to the Central West End retail corridor. The location benefits from a strong daytime population and abundant pedestrian traffic, largely generated by the nearby BJC Medical Complex, which employs over 25,000 people. Barnes Jewish Hospital, part of the complex, is a major regional medical center. Traffic counts indicate 4,374 vehicles per day on Euclid Avenue and 19,196 vehicles per day on Forest Park Parkway.

Key Highlights

• Located at the entrance to the Central West End retail corridor
• High pedestrian traffic due to proximity to BJC Medical Complex
• Strong daytime population

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Barber Shop Food Market (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Grocery & Convenience 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

6,891

Businesses Nearby

43k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 40% Shops & Services 31% Dining 21% Apparel 6%

DoubleTree by Hilton Hotels & Casinos

14,089 visits/mo 0.1 miles

Imo's Pizza Dining

4,966 visits/mo 0.2 miles

BP Shops & Services

4,174 visits/mo 0.4 miles

Batteries Plus Bulbs Shops & Services

3,741 visits/mo 0.2 miles

The UPS Store Shops & Services

3,118 visits/mo 0.1 miles

Market

Lease Benchmarks for Saint Louis, MO

$13.91 /SF/Yr

Avg Asking Price

$0.8–$28 /SF/Yr

Price Range

9,399 SF

Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - High-profile retail space near BJC Medical Complex.

Where is this retail space located?

The property is located at 23 S Euclid Ave St Saint Louis, MO.

What are key features of this property?

This property features: Located at the entrance to the Central West End retail corridor; High pedestrian traffic due to proximity to BJC Medical Complex; Strong daytime population