280-290 Mid Rivers Mall Cir St. Peters, MO 63376
- Lifestyle centers
- 12,500 SF
- 1.64 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 280-290 Mid Rivers Mall Cir
- Year built
- 1992
- Lot size
- 1.64 lot acres
- Property size
- 12,500 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional net lease investment opportunity presents a 12,500 square foot shopping center located at 280-290 Mid Rivers Mall Circle Drive, St. Peters, Missouri, 63376. The property boasts a prime location within the St. Charles County region of the St. Louis MSA, situated on a 1.64-acre lot with ample parking (65 spaces). Built in 1992, the center is currently 100% occupied by three tenants: Panera Bread, Mattress Firm, and School of Rock. The property features a C-3 General Commercial zoning designation and offers a strong 7.50% cap rate. The asking price is $3,475,000. The building has 800 Amp, 3-phase electrical service. This multi-tenant investment presents a stable and attractive return on investment with established national and local tenants. The property's strong occupancy and location within a thriving retail market make it an ideal addition to any portfolio. The APN is 2-0110-6354-00-000B.00.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Peters
- County
- St Charles
- State
- Missouri
- Longitude
- -90.6198
- Latitude
- 38.7959