Property summary
This exceptional investment opportunity presents a 10,445-square-foot, Class B retail property currently leased to a credit-rated tenant under an absolute triple-net (NNN) lease. Located at 6 S Perryville Blvd, Perryville, MO 63775, this single-tenant property boasts a prominent hard-corner location with excellent visibility and access at the intersection of Perryville Rd & St Joseph St, experiencing 24,700 vehicles per day. The lease, commencing October 8, 2007, and expiring October 31, 2032, offers a substantial remaining term of approximately 8 years. The property features 65 parking spaces and sits on a 2.69-acre lot. Built in 2007, the property generates a strong net operating income (NOI) of $252,000, resulting in an attractive 8.65% cap rate. The asking price is $2,913,000. Benefiting from its proximity to significant population centers, including St. Vincent High School (approximately 600 students), Perryville High School (approximately 750 students), Perry County Memorial Hospital (25 beds), and a large industrial park employing approximately 1,500 people, this property offers a compelling combination of strong tenant credit, long-term lease stability, and a desirable location. The property includes a drive-thru. No rent bumps are scheduled during the lease term. The lease includes ten, five-year options.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Pharmacy
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Pharmacy
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Postal Service Courier Service
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Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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