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Property profile & analytics
FOR LEASE
Retail space

5301 Caroline Dr High Ridge, MO 63049

11,550 SF 1.05 ac lot Built 2004
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US48-0472765
Property summary
AI-generated overview

Gravois Dillon Plaza, located at 5301 Caroline Drive in High Ridge, Missouri, 63049, presents a prime retail investment opportunity. This multi-tenant strip center boasts a total of 148,110 square feet of retail space. Currently, there is 18,348 square feet of vacant space available, offering a unique chance for expansion or new tenancy. The available space is flexible, ranging from approximately 1,400 to 1,500 square feet, ideal for a variety of retail businesses. The property's strategic location in High Ridge, Missouri provides excellent visibility and accessibility for customers. The property's size and layout offer ample parking and convenient access for both customers and employees. This is an exceptional opportunity to establish or expand a retail presence in a thriving community. The existing tenant mix provides a strong foundation for future growth and synergy. With its substantial size and available space, Gravois Dillon Plaza offers a compelling investment prospect for businesses seeking a prominent location in a high-traffic area. The property's location in High Ridge, MO offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This is a rare opportunity to secure a significant retail space in a well-established center. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 11,550 SF
Lot 1.05 ac (45,738 SF)
Zoning code PUD
APN 03-1.0-12.0-4-002-001.05
UPID US48-0472765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Gravois Plaza Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$860k
Owner & transaction history
Bi High Ridge LLC · 10 yrs held
Bi High Ridge LLC
since 2016
7 recorded transactions
2018
Price N/A
2016
Price N/A
2016
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PUD · High Ridge, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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