12695 New Halls Fry Rd Florissant, MO 63033-4030
- Retail space
- 3,400 SF
- 0.46 lot acres
Current Use by Public Records
- Missouri Title Loans, Inc. / Loan Agency / Car Finance And Loan Company
Property Details for 12695 New Halls Fry Rd
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 0.46 lot acres
- Property size
- 3,400 SF
- Zone code
- 24B2
- Property type
- Retail space
- APN
- 08H-3-4-086-3
- APU
- 08H340863
Description
This 3,400 square foot Class B retail storefront in Florissant, Missouri, presents a compelling investment opportunity. Located at 12695 New Halls Ferry Road (zip code 63033), this single-story building boasts a strong, long-term tenant—Missouri Title Loans, Inc.—occupying the space since 1998. The tenant recently signed a new three-year lease with two options, providing lease stability and predictable income. The property features a modified lease structure and offers a 9.51% capitalization rate with a net operating income (NOI) of $41,272. The asking price is $434,000, translating to $127.65 per square foot. The building is undergoing improvements, including a new roof installation with a transferable warranty. The tenant has invested in exterior improvements, demonstrating commitment to the location. This is a single-tenant, single-building property with a proven track record and a solid financial performance. The tenant's parent company, Community Loans of America, operates over 1,000 locations nationwide, further enhancing the investment's stability. This presents a rare opportunity to acquire a well-maintained, high-yield retail property with a long-standing, reliable tenant.
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
- Florissant
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.2842
- Latitude
- 38.7897
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
