Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space For Lease Title is generated by Realmo AI

    Suemandy Dr, St Peters, MO 63376

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space in high-traffic location near I-70.

    Type:Retail
    Added:
    Jun 1, 2023
    Days on Market:
    1094
    Last Refresh:
    May 12 at 10:59 pm

    Property Features for Suemandy Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at Suemandy Dr Contact us

    We can help!

    Listing Contact
    Tom Palitzsch

    Listing agent Tom Palitzsch License #471009200

    Listing office Thomas Realty Group LLC

    Listing date Jun 1, 2023

    Source Crexi

    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 Thomas Realty Group LLC

    HighLights

    • Great Location
    • Surrounded by retail
    • Located off I‑70 & Mid Rivers Dr.
    • For Lease
    • Expanded in 2006

    Overview

    This retail space is available for lease in a location surrounded by other retail businesses. The property is located off I-70 and Mid Rivers Drive. The building was expanded in 2006.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    St Peters
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.610916
    Latitude
    38.797719

    Nearby Similar for Lease

    • $800/Mo
      19,600 SF

      St Peters Retail Space Available

      800 SF retail space in desirable St Peters location.
      4053 N Saint Peters Parkway, St Peters, MO 63304
      View Details
    • $12 SF/Yr
      15,250 SF

      St. Peters Mixed-Use Building

      Versatile commercial space with highway visibility and flexible leasing options.
      4524 S Saint Peters Parkway, St Peters, MO 63304
      View Details
    • $30 SF/Yr

      Retail Space For Lease

      Retail space available for lease in St. Peters, Missouri.
      7090-7098 Mexico Rd, St. Peters, MO 63376
      View Details
    • $21 SF/Yr
      7,180 SF

      Medical/Professional Office Suite For Rent

      Medical/professional office suite available for lease with monument signage.
      114 Piper Hill Dr, St Peters, MO
      View Details
    • $30 SF/Yr
      1,400 SF

      Retail Space with Ample Parking

      Retail space with high visibility and strong traffic counts.
      7098 Mexico Rd, St. Peters, MO
      View Details
    • $14 SF/Yr
      4,826 SF

      St Peters Office Space Available

      Office space available in St Peters, move-in November 2025.
      4600 Executive Center Pkwy, St Peters, MO
      View Details
    • $19 SF/Yr
      2,500 SF

      Office Building with Available Spaces

      Office building for lease in high-traffic area with parking.
      510-514 Jungermann Rd, St. Peters, MO
      View Details
    • Contact for pricing
      15,000 SF

      Mid Rivers Plaza Retail Space

      15,000 SF retail space in St. Peters, Missouri.
      235 Mid Rivers Mall Drive, St Peters, MO 63376
      View Details
    • $14 SF/Yr
      1,750 SF

      Retail Space in High-Traffic Area

      1,750 SF retail space with open layout and reception.
      1030 Venture Dr, St Peters, MO
      View Details
    • $15 SF/Yr
      2,800 SF

      Retail Spaces Near Signalized Intersection

      Two 1,400 SF retail spaces available for lease.
      625-635 Salt Lick Rd, St. Peters, MO
      View Details
    • $18 SF/Yr
      870 SF

      Office Space in St. Peters

      Office space available for lease in St. Peters, Missouri.
      1053 Cave Springs Rd, St. Peters, MO
      View Details
    • $13,750/Mo
      15,000 SF

      Retail Space in Mid Rivers Plaza

      15,000 SF retail space available for sublease.
      235-293 Mid Rivers Mall Dr, St. Peters, MO
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in high-traffic location near I-70.
    Where is this retail space located?
    The property is located at Suemandy Dr St Peters, MO.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Great Location; Surrounded by retail; Located off I‑70 & Mid Rivers Dr.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tom Palitzsch
    Real Estate License ID: 471009200
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Suemandy Dr, St. Peters, MO 63376
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!