Property profile

1032 Lemay Fry Rd St St. Louis, MO 63125

OFF-MARKET
Lifestyle centers
1 ac lot
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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

Location

1032 Lemay Fry Rd St St. Louis, MO 63125
St. Louis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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