Property profile

1032 Lemay Fry Rd St St. Louis, MO 63125

OFF-MARKET
Retail properties & Spaces
0.8 ac lot
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Property summary

AI-generated overview

This exceptional retail property, located at 1032 Lemay Ferry Road in St. Louis County, Missouri, presents a compelling investment opportunity. The 0.8-acre site is anchored by a Schnucks grocery store, recently enjoying a significant 10-year lease extension, renovation, and expansion. This demonstrates strong tenant commitment and market viability. The property's prime location boasts excellent population density, ensuring a consistent flow of customers. In addition to the anchor tenant, there is inline retail space currently available for lease, providing immediate income potential for new investors. Furthermore, an outlot is available for lease or sale, offering flexibility for various development options, such as additional retail, restaurants, or other complementary businesses. The property's strategic location in the 63125 zip code of St. Louis, Missouri, offers easy access to major transportation routes and a thriving local community. This grocery-anchored center represents a stable and potentially high-growth investment opportunity in a desirable market. The combination of a long-term anchor tenant, available inline space, and a buildable outlot makes this a truly unique and attractive proposition for discerning investors.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.8 ac (34,848 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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