Walmart Shadow-anchored Retail Strip
405 N State St Desloge, MO 63628
405 N State St, Desloge, MO, 63628
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For Sale
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A 100% occupied, triple-net retail strip center anchored by a Rent-A-Center with long-term service tenants.
Property Size10,075 SF
Lot Size1.04 Acres
Price / SF$218.52
Days on Market96
Property Features for 405 N State St
General Information
- Standard status
- Active
- Size
- 10,075 SF
- Lot size
- 1.04 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
Marcus & Millichap
(314) 889-2500
Listed by
Alex Perez · License #MO 2005038930
Source
Crexi
Added: Apr 17 Updated: Jul 21 at 2:13PM Checked: Jul 21 at 2:13PM
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Investment Insights
Based on property information with market context.
Located at 405 N State St, Desloge, Missouri, the Desloge Center is a 10,075-square-foot retail strip center built in 2003 on a 1.04-acre site. The property is 100% occupied and includes a Walmart shadow-anchored configuration, with Rent-A-Center occupying 50% of the GLA and serving as a tenant since 2011. The complementary tenant mix includes Verizon, L&V Nails, and Cricket Wireless.
Tenancies reflect longstanding stability, with an overall average tenant tenure of more than 11 years and 88% of the rent roll consisting of national credit. All tenants operate under triple net lease structures, with each tenant responsible for its proportionate share of real estate taxes, insurance, and common area maintenance.
The Desloge Center is positioned in the heart of Desloge’s primary retail corridor, directly in front of a Walmart Supercenter that generates more than 2.5 million annual visits, as reported by Placer A.I. The property sits just off U.S. Highway 67 and N Desloge Drive, where combined traffic counts exceed 40,000 vehicles per day, and it offers multiple points of ingress and egress. Recent area retail strength includes the 2025 opening of a new ALDI grocery store directly adjacent to the property.
Tenancies reflect longstanding stability, with an overall average tenant tenure of more than 11 years and 88% of the rent roll consisting of national credit. All tenants operate under triple net lease structures, with each tenant responsible for its proportionate share of real estate taxes, insurance, and common area maintenance.
The Desloge Center is positioned in the heart of Desloge’s primary retail corridor, directly in front of a Walmart Supercenter that generates more than 2.5 million annual visits, as reported by Placer A.I. The property sits just off U.S. Highway 67 and N Desloge Drive, where combined traffic counts exceed 40,000 vehicles per day, and it offers multiple points of ingress and egress. Recent area retail strength includes the 2025 opening of a new ALDI grocery store directly adjacent to the property.
Key Highlights
- 10,075 SF Walmart shadow anchored retail strip center in Desloge, MO built in 2003 on a 1.04‑acre site
- 100% occupied: Rent‑A‑Center occupies 50% of GLA and has been a tenant since 2011
- Tenant mix includes Verizon, L&V Nails, and Cricket Wireless, in addition to Rent‑A‑Center
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - A 100% occupied, triple-net retail strip center anchored by a Rent-A-Center with long-term service tenants.
Where is this strip mall located?
The property is located at 405 N State St Desloge, MO.
What is the asking price?
The asking price for this property is $2,201,577.
What are key features of this property?
This property features: 10,075 SF Walmart shadow anchored retail strip center in Desloge, MO built in 2003 on a 1.04‑acre site; 100% occupied: Rent‑A‑Center occupies 50% of GLA and has been a tenant since 2011; Tenant mix includes Verizon, L&V Nails, and Cricket Wireless, in addition to Rent‑A‑Center
