Pacific Plaza Neighborhood Center
For Sale
Contact for pricing
522 E Osage St, Pacific, MO 63069
37,106 SF neighborhood center, 94% occupied, renovated in 2022.
Property Size37,106 SF
Price / SF$62.91
Days on Market783
Property Features for 522 E Osage St
General Information
Standard status
Active
Size
37,106 SF
Property subtype
Retail
Occupancy
94%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$221,770
Building Details
Year Built
1964
Year Renovated
2022
Units
13
Tenancy
Multi
Listing Agency:
Marcus & Millichap
(818) 212-2700
Listed By:
Alec Coronado · License #2020018510
Source:
Crexi
Added: Jun 18, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:44AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
Pacific Plaza is a 37,106 square foot neighborhood center comprised of 13 bays and is 94% occupied. Located on E Osage Street, the main thoroughfare running through Pacific, Missouri, the center features a mix of national and local tenants with a combination of NNN and gross leases. The building was renovated in 2022 with a new parking lot, repaired roof, replaced HVAC units, updated LED lights, and new electrical panels and awning. The property presents an opportunity to add value by leasing the remaining 2,195 square feet of vacancy. Investors could also increase existing tenant's rents to market rates and incorporate taxes, insurance, and CAM charges into the leases at renewal. The property is located within 10 miles of 83,9127 residents. Pacific, Missouri has experienced steady population growth and is about 35 miles from St. Louis City.
Key Highlights
- 9.50% CAP Rate
- 94% Occupancy Rate** in a 37,106 SF Neighborhood Center
- Located on the main thoroughfare (E Osage St.) in a growing St. Louis suburb (Pacific, MO)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Dollar General
Shops & Services
6,686 visits/mo
0.1 miles
SUBWAY
Dining
2,804 visits/mo
0.4 miles
Demographics for 63069, MO
15,542
Population
6,498
Households
2.4
Avg Household Size
42
Median Age
30%
College-Educated
92%
High-School Grad
68.5 sq mi
ZIP Area
227
Density / Sq Mi
$74,063
Median Household Income
$45,380
Median Earnings
$913
Median Rent
$271,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - 37,106 SF neighborhood center, 94% occupied, renovated in 2022.
Where is this shopping center located?
The property is located at 522 E Osage St Pacific, MO.
What is the asking price?
The asking price for this property is $2,334,421.
What are key features of this property?
This property features: 9.50% CAP Rate; 94% Occupancy Rate** in a 37,106 SF Neighborhood Center; Located on the main thoroughfare (E Osage St.) in a growing St. Louis suburb (Pacific, MO)
