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29447166
29447167

1779 N Hwy 67, Florissant, MO 63033

EO
NY NY 10401298466
SURMOUNT
FP
NY 10401333619
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
JK
NY 10401386896
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$2,318,570
165 days on market
Updated 103 days ago

Main Street Auto

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 4,357
Cap Rate 6.75%
NOI $156,503
Occupancy 100%
Tenancy Single
Brand/Tenant Main Street Auto
Lease Type NNN
Lease Term 20
Lease Expiration 02/28/2045
Remaining Term 18.6
Price per SqFt $532
Year Built 1978
Acreage 0.570
Tenant Credit Corporate Guarantee
Lease Commencement 02/20/2025
Ownership Fee Simple

Retail | 6.75% CAP | 4,357 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a located at 1779 North Highway 67, Florissant, MO 63033. The site con sists of roughly 4,357 rentable square feet of building space on an estimated 0.57-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $156,503 and has scheduled increases of 2.00% Annually starting 3/1/2031.

Investment highlights

  • Strong Corporate Guarantee | The lease features a corporate guarantee from Main Street Auto. Main Street Auto is a rapidly growing operator of automotive repair shops in the southeast and beyond. They currently operate ~150 locations. The corporate guarantee on this lease is backed by ~110 of these locations.

  • High-Traffic Corridor Exposure | The subject property is positioned along North Highway 67. North Highway 67 is a major retail artery that plays a key role in connecting surrounding communities to St. Louis, MO. The subject property benefits from North Highway 67’s average daily traffic count, which exceeds 27,900 vehicles. New Florissant Road intersects with North Highway 67 in close proximity to the subject property, bringing an additional 16,300 vehicles to the immediate area daily.

  • Dense National Retail Presence | The subject property is situated within a dense retail corridor consisting of many local and national tenants. Notable nearby national tenants include Target, Michaels, Walgreens, ALDI, Chipotle, McDonald’s, KFC, and many more – increasing consumer traffic in the immediate area.

  • Brand-New Long-Term Triple-Net (NNN) Lease | This site is subject to a brand-new 20-year absolute triple-net (NNN) lease which commenced on 2/20/2025. The lease features 2.00% annual rental increases starting 3/1/2031 and has no landlord responsibilities.

Listing Contacts

EO
NY NY 10401298466
SURMOUNT
FP
NY 10401333619
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
JK
NY 10401386896
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,503.00
$13,041.92/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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B3 CommercialSpecial CommercialExtensive Commercial District
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
2017032771
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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