1301 Union Blvd St. Louis, MO 63113

Listing office Colliers - Los Angeles - Orange County, California Show Phone

Listing date Apr 6, 2021

Source Crexi

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Investment Insights

Based on property information with market context.

This is an opportunity to purchase a fee simple, absolute NNN leased investment occupied by a Save-A-Lot grocer. The property is under a new 15-year lease and is located just outside Downtown St. Louis, MO. Constructed in 2019, the property is positioned on a highly trafficked intersection with over 36,000 vehicles per day. The location is designed to benefit from the surrounding dense residential area and high retail demand. The corporate-signed absolute NNN lease offers zero landlord responsibilities. The property is suitable for the tenant's use due to its location outside one of the largest cities in the U.S. and its proximity to a dense residential area. The property size is 15985 square feet.

Key Highlights

• Absolute NNN Lease: Corporate signed lease means zero landlord responsibilities.
• New 15‑Year Lease: Enjoy long‑term, stable income.
• New 2019 Construction: Minimizes potential maintenance costs.

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Similar Off Market Nearby

• Soll's Gateway Market — 1206 Kingshighway Blvd, St. Louis, MO 63113
• Save A Lot — 1301 Union Blvd, St. Louis, MO 63113
• Salama Supermarket — 4873 St Louis Ave, St. Louis, MO 63115
• Euclid market — 2318 N Euclid Ave, St. Louis, MO 63113

FAQs

What type of property is this?

Grocery and convenience store - NNN leased investment opportunity near Downtown St. Louis, MO.

Where is this grocery and convenience store located?

The property is located at 1301 Union Blvd St. Louis, MO.

What is the asking price?

The asking price for this property is $4,805,000.

What are key features of this property?

This property features: Absolute NNN Lease: Corporate signed lease means zero landlord responsibilities.; New 15‑Year Lease: Enjoy long‑term, stable income.; New 2019 Construction: Minimizes potential maintenance costs.