1260 Jennings Sta Rd St, St. Louis, MO 63137

This exceptional investment opportunity presents an 8,000 square foot, single-tenant retail property leased to Advanced Auto Parts, a publicly traded Fortune 500 company (NYSE: AAP). Located at 1260 Jennings Station Rd, St. Louis, MO 63137, this property boasts a prime location with high visibility and accessibility, situated on a signalized hard corner with over 36,000 cars passing daily. The property benefits from its proximity to major freeways (I-70 and I-270) and is less than 3 miles from I-70 and I-270, and within 15 minutes of downtown St. Louis and St. Louis Lambert International Airport. The absolute triple-net (NNN) lease features a remaining term of 8.8 years with a substantial 23.6-year initial term commencing January 20, 2010, and expiring August 30, 2033. The lease includes 10% rent bumps every five years and multiple renewal options, providing long-term stability and predictable income growth. Built in 1998, the property sits on a one-acre lot and currently enjoys 100% occupancy. The asking price is $1,181,000, representing a compelling cap rate of 7.25% and a price per square foot of $147.62. The property generates a net operating income (NOI) of $85,626. This investment offers a secure, high-yield opportunity in a densely populated area with a population of 192,126 residents within a 5-mile radius. The corporate guarantee from Advanced Auto Parts further mitigates risk.