275 Mid Rivers Mall DrSt. Peters, MO 63376

  • Retail properties
  • 3,256 SF
For Sale
$1,850,000 View listing

Property Details for 275 Mid Rivers Mall Dr

Year built
2010
Lot size
0.85 AC
Property size (Sq ft)
3,256 SF
Zone code
AE8
Property type
Retail properties
Property subtype
Drive through restaurants
APN
2-0110-5510-00-000C.0000000
APU
20110551000000C0000000

Description

This exceptional investment opportunity presents a 3,256 square foot storefront located at 275 Mid Rivers Mall Drive in St. Peters, Missouri, 63376. Offered at $1,850,000 ($568.18/sq ft), this property sits on a 0.85-acre lot and benefits from an absolute net ground lease, eliminating landlord responsibilities. The lease boasts a new 10-year term secured by a corporate-backed guaranty, ensuring consistent income. Built-in rental escalations provide further financial security throughout the lease term. This prime retail space is situated in a high-traffic area, enjoying excellent visibility and accessibility. Mid Rivers Mall Drive experiences a significant daily vehicle count of 28,604 vehicles per day, guaranteeing substantial exposure to potential customers. The property's location within a regional trade area ensures a strong and consistent customer base. This is an ideal investment for those seeking a secure, high-yield retail property with minimal management overhead. The property is classified as Retail, Subtype Storefront. This presents a rare opportunity to acquire a stable, income-generating asset in a thriving Missouri market.

275 Mid Rivers Mall Dr, St. Peters, Missouri
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Location Insight

City
Saint Peters
County
St. Charles
State
Missouri
Latitude
38.7951
Longitude
-90.6228
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
-
-
$336,478
-
$462,825
$588,667
$1,051,492

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