Listed by A&M Realty Inc
Unpriced
Details
Property Type Retail
Sub Type Convenience Store
Cap Rate 7.25%
Year Built 2017, 1987,1968
Year Renovated 2010, 2014
Buildings 3
Stories 1
Acreage 0.17 - 0.489
Zoning C-1
Parking Spaces 53 spaces
Investment Type Sale/Leaseback
Retail | 7.25% CAP
Marketing description
A&M Realty Inc. presents three convenience store properties, operated as Elite Market & Grill, available for
sale-leaseback. These properties offer long-term absolute NNN leases, providing stable returns with minimal
landlord responsibilities. The leases feature a 12-year minimum term with two 5-year renewal options. The
owner has over 18 years of experience in the retail business.
Investment highlights
- 1403 Union Blvd, St. Louis, MO 63113
- Size: 3,400 +/- SQF on 14,375 SQF lot
- Monthly Rent: $18,000
- Cap Rate: 7.25%
- Year Built: 2017
- Located in Hamilton Heights, with high walkability and modern construction, this site offers excellent visibility for retail operations.
- 8337 N Broadway, St. Louis, MO 63147
- Size: 3,900 +/- SQF on 7,485 SQF lot
- Monthly Rent: $10,000
- Cap Rate: 7.25%
- Year Built: 1968 Renovated in 2014
- Situated in the Baden neighborhood, this property features a brick structure and favorable zoning for commercial use.
- 9101 W Florissant Ave, St. Louis, MO 63136
- Size: 2,697 +/- SQF on 21,344 SQF lot
- Monthly Rent: $18,500
- Cap Rate: 7.25%
- Year Built: 1987 (Renovated 2010)
- Located in Ferguson, with off-street parking and a walk score of 76, this site is ideal for retail traffic.
- Investment Summary
- Annual Rent: $558,000
- Portfolio Value: $7,696,551
- These properties provide solid income potential with minimal management, backed by a proven retail business model.
- 1403 Union Blvd (3,400 SQF)
- Built: 2018 | Rent: $18,000/month | Cap Rate: 7.25%
- Estimated Value: $2.98M | Walk Score: 85
- Modern building in Hamilton Heights.
- 8337 N Broadway (3,900 SQF)
- Built: 1968, Renovated 2014 | Rent: $10,000/month | Cap Rate: 7.25%
- Estimated Value: $1.66M | Walk Score: 74
- Located in the busy Baden area.
- 9101 W Florissant Ave (2,697 SQF)
- Built: 1987, Renovated 2010 | Rent: $18,500/month | Cap Rate: 7.25%
- Estimated Value: $3.06M | Walk Score: 76
- Positioned in Ferguson with ample parking.
- Investment Overview: Total Annual Rent: $558,000 | Portfolio Value: $7.7M
- Average Cap Rate: 7.25% | Rent per SQF: $54.63 These locations boast over 18 years of retail success, offering stable income and growth potential.
Listing Contacts
Listed by A&M Realty Inc
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