Knickerbocker Retail
Prime Washington Ave retail in dense Loft District near City Museum & hotels
Marketing description
Turnkey cash cow in the heart of Downtown St. Louis’s explosive Washington Avenue Loft District! This 100% occupied triple net retail property delivers a strong 10.5% cap rate today — with upside potential to push returns into the teens. The building is fully leased to four dynamic local businesses:
• Social Treats – an exotic snack boutique and smoke accessories shop (@social.treats.stl)
• ARtistt Image Consulting – a modern barbershop and image studio (@artisttimageconsultingstl)
• Whip It Goods – plant-based skincare and wellness products (@whipitgoodsco)
• Felle Saint Riches – a fashion boutique and salon (@felle.saint.riches)
Surrounded by nonstop development — including new hotels, acclaimed restaurants, and thousands of lofts — this location is red hot. Just one block away, the historic Jefferson Arms is being transformed with 235 new apartments and hotel units. Two new hotels have opened within two blocks, and the brand-new soccer stadium is a short walk away — fueling major foot traffic and tenant demand.
A rare chance to lock in cash flow now and ride the wave of Downtown’s ongoing renaissance!
Investment highlights
Downtown St. Louis | Washington Avenue Loft District
Strong Cash Flow: Currently delivering over a 10% cap rate with upside potential to achieve returns in the mid-teens.
100% Occupied: Fully leased to four dynamic local businesses:
• Social Treats – exotic snack boutique & smoke accessories (@social.treats.stl)
• ARtistt Image Consulting – barbershop & image studio (@artisttimageconsultingstl)
• Whip It Goods – plant-based skincare (@whipitgoodsco)
• Felle Saint Riches – clothing boutique & salon (@felle.saint.riches)
These tenants bring strong neighborhood appeal and contribute to steady foot traffic and cash flow from day one.
Prime Location: Situated in the vibrant Washington Avenue Loft District — surrounded by restaurants, nightlife, and 1,000s of residential lofts.
Explosive Development Activity:
• Jefferson Arms redevelopment just one block away, adding 235 new apartments and hotel units
• Two brand-new hotels within two blocks; hundreds more nearby
• Walking distance to the new professional soccer stadium, further boosting area demand and visibility
Major Growth Momentum: Downtown St. Louis is undergoing a renaissance with billions in new private and public investments.
Trophy Asset Opportunity: Rare chance to own a cash-flowing property in a neighborhood poised for even greater appreciation and rental growth.
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