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20930057
20930058

3 Locations

MS
NY 10401294940
SAB Capital
MP
NY 10401305401
SAB Capital
DG
NY 10401343593
SAB Capital
AD
NY 10401387738
SAB Capital
Listed by SAB Capital
$11,304,629
546 days on market
Updated 62 days ago

All Star Chrysler Dodge Jeep Ram | Bridgeton, MO

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 53,247
Net Rentable (SqFt) 53,247
Units 3
Cap Rate 7.75%
NOI $876,109
Occupancy 100%
Tenancy Single
Brand/Tenant All Star Chrysler Dodge Jeep Ram
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options Four, 5-Year
Buildings 2
Stories 1
Acreage 10.420
Parking Spaces spaces
Investment Type Net Lease
Ownership Fee Simple

Retail | 7.75% CAP | 53,247 SF

Marketing description

SAB Capital is pleased to present All Star CDJR in Bridgeton, MO, located 15 miles Northwest of St. Louis. This is an absolute triple-net (NNN) sale-leaseback in which the tenant will sign a 20-year lease commencing at closing. The lease features 2% annual rent escalations. All Star CDJR currently operates 2 dealerships in East Missouri.

Investment highlights

  • All Star CDJR in Bridgeton, MO | Located 15 Miles Northwest of St. Louis

  • Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure

  • Structured Hedge Against Inflation | 2% Annual Increases

  • Long-Term Sale-Leaseback Opportunity | Tenant Will Commence A New 20-Year Lease At Closing

  • Close Proximity to Interstate Highway | Under a 1/2 Mile From I-70 & US-180

  • Dense Retail Trade Area | 2 Million Square Feet of Retail Within 1 Mile

  • Strong Corporate and Unit-Level Performance | Reach Out to Broker For Further Detail

Listing Contacts

MS
NY 10401294940
SAB Capital
MP
NY 10401305401
SAB Capital
DG
NY 10401343593
SAB Capital
AD
NY 10401387738
SAB Capital
Listed by SAB Capital

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$876,109.00
$73,009.08/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

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