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Renovated Retail Building on Gravois
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10004 Gravois Rd St., Saint Louis, MO 63123

Value-add opportunity with stable NNN lease and high visibility.

Space Size783 SF - 1,457 SF
Property Size5,453 SF
Days on Market712

Property Features for 10004 Gravois Rd St.

General Information

Standard status Active
Size 783 SF - 1,457 SF
Total Parking Spaces 27
Property subtype Retail
Lease Type NNN

Building Details

Building Size 5,453 SF
Year Built 1960
Tenancy Multiple

Spaces For Lease

at 10004 Gravois Rd St. Contact us

10006

Size
1,352 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

10008

Size
1,457 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

10010

Size
783 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Manor Real Estate
Listed By: Ben Cherry, CCIM · License #MO 2006018085
Source: Crexi
Added: Sep 8, 2024 Changed: Aug 9 Last Checked: Aug 20 at 10:08AM

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 Manor Real Estate

Investment Insights

Based on property information with market context.

This commercial property presents a value-add opportunity, featuring a recently renovated building with updated electrical systems, HVAC, roof, plumbing, and parking lot. The property is currently 31% occupied with leases extending through March 31, 2029. Situated on a signalized hard corner, the location benefits from high visibility, with over 20,000 cars passing daily. The surrounding area is densely populated, with 289,459 residents within a 5-mile radius. The property is approximately a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. A stable NNN corporate lease with ACE Cash Express is in place. The area benefits from an affluent demographic, with an average household income exceeding $91,000.

Key Highlights

  • Value‑add opportunity with significant upside potential due to low occupancy (31%).
  • Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.
  • High‑visibility location at a signalized hard corner with over 20,000 cars passing daily.**

Property Analytics

Current Use

Strip malls

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby
117k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Groceries 33% Shops & Services 17% Home Improvements & Furnishings 5%
Schnucks Groceries
38,911 visits/mo 0.5 miles
Panera Bread Dining
19,989 visits/mo 0.5 miles
Starbucks Dining
15,274 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
12,816 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
6,095 visits/mo 0.4 miles

Demographics for 63123, MO

50,989
Population
23,208
Households
2.2
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
12.5 sq mi
ZIP Area
4,079
Density / Sq Mi
$74,187
Median Household Income
$43,458
Median Earnings
$987
Median Rent
$205,300
Median Home Value

Market

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?
Strip mall - Value-add opportunity with stable NNN lease and high visibility.
Where is this strip mall located?
The property is located at 10004 Gravois Rd St. Saint Louis, MO.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Value‑add opportunity with significant upside potential due to low occupancy (31%).; Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.; High‑visibility location at a signalized hard corner with over 20,000 cars passing daily.**
(314) 647-6611 Call to check price and availability
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