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    OFF-MARKET
    Lifestyle centers

    1032 Lemay Fry Rd St, St. Louis, MO 63125

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1-acre retail and industrial property, known as the Lemay Ferry Shopping Center, presents a compelling investment opportunity in St. Louis, Missouri. Located at 1032 Lemay Ferry Road, zip code 63125, this grocery-anchored center benefits from a strong anchor tenant: Schnucks, which recently completed a 10-year lease extension, along with renovations and an expansion. The property's strategic location offers excellent population density, ensuring a robust customer base. The center comprises both inline spaces currently available for lease, providing immediate income potential for investors. Furthermore, an outlot is available for lease or sale, presenting additional development or investment possibilities. The property's diverse offerings, including grocery, shopping center, and R&D subtypes, cater to a wide range of tenants and market demands. This well-positioned center offers a blend of stability and growth potential, making it an attractive asset for discerning investors seeking a strong return on investment in a thriving St. Louis market. The property is situated in an independent city county within St. Louis, Missouri.

    Property profile
    Verified
    Property type Lifestyle centers
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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