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    Single Story Retail Building For Sale Title is generated by Realmo AI

    2627 Gravois Ave, Saint Louis, MO

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    2,490 SF retail building leased to TitleMax through 2027.

    Type:RETAIL
    Property size:
    2,490 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $152/SF
    Added:
    Nov 24, 2025
    Days on Market:
    174
    Last Refresh:
    Apr 5 at 8:46 pm

    Property Features for 2627 Gravois Ave

    General Information

    Standard status
    Active
    Size
    2,490 SF
    Lot size
    0.30 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Michael J Wotka

    Listing agent Michael J Wotka

    Listing office Wotka Realty, LLC

    Listing date Nov 24, 2025

    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 Wotka Realty, LLC

    HighLights

    • Leased to TitleMax thru 12/31/2027, providing immediate income.
    • Full Triple Net Lease, minimizing landlord responsibilities.
    • Tenant has one additional 3 yr option (1/1/2028‑12/31/2030) w/ 8% increase.
    • Top grossing TitleMax in Missouri, indicating a strong tenant.
    • High traffic location on Gravois at Jefferson, with 5000+ VPD.
    • Zoned F, Neighborhood Commercial, offering potential future flexibility.

    Overview

    This is a 2,490 square foot single-story office building situated on 0.29 acres with a 13-car lot. The property is zoned F, Neighborhood Commercial. It is currently leased to TitleMax through December 31, 2027, under a full triple net lease. The tenant has one additional 3-year option from January 1, 2028, to December 31, 2030, with an 8% increase. The location experiences high traffic with over 5000 vehicles per day on Gravois at Jefferson. TitleMax is the largest and most successful performer in the title loan space with over 1000 locations nationwide.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $372.2K
    NOI $33,496 @ 9.00% cap · cautious / downside scenario
    Moderate
    $478.5K
    NOI $33,496 @ 7.00% cap · market / base-case scenario
    Aggressive
    $669.9K
    NOI $33,496 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
    Calculated for Retail

    Component $ $/SF
    Gross rent $55.6k $22.32
    − Vacancy −$7.7k −$3.10
    EGI $47.9k $19.22
    − OpEx −$14.4k −$5.77
    NOI $33.5k $13.45
    2,490 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $478.5K
    $418.7K – $558.3K (±1% cap)
    NOI $33,496 @ 7.0% cap · market cap 8.81%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $534.4K
    $467.6K – $623.5K (±1% cap)
    NOI $37,408 @ 7.0% cap · market cap 9.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.225
    Latitude
    38.6044

    FAQs

    What type of property is this?
    Retail space - 2,490 SF retail building leased to TitleMax through 2027.
    Where is this retail space located?
    The property is located at 2627 Gravois Ave Saint Louis, MO.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: Leased to TitleMax thru 12/31/2027, providing immediate income.; Full Triple Net Lease, minimizing landlord responsibilities.; Tenant has one additional 3 yr option (1/1/2028‑12/31/2030) w/ 8% increase.
    (314) 369-0136 Call to check price and availability
    More about this property
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