196 Mayfair Plz Shopping Ctr Florissant, MO 63033-8008

This exceptional value-add investment opportunity presents a 55,383-square-foot former grocery store located at 196 Mayfair Plaza Shopping Center, Florissant, Missouri 63033. Priced at $1,650,000 ($29.79/SF), this single-tenant, NNN-leased property offers significant upside potential. Currently at 6.5% occupancy, the property features a substantial 50,583 square foot former grocery space that can be subdivided, along with 3,600 square feet recently leased. The property boasts a prime location with high visibility and excellent signage, benefiting from its proximity to Highway 367 (27,412 vehicles per day) and Parker Road (8,400 vehicles per day). The surrounding area demonstrates strong demographics, including a population of 10,643 within a one-mile radius and a median household income of $68,170. This one-story building presents a unique chance to capitalize on a strong consumer base and create a thriving retail destination. The property is offered for sale with a remaining lease term of zero years, providing immediate control and flexibility for the new owner. This is an ideal opportunity for an investor seeking a value-add project with substantial growth potential in a desirable location.