Desloge Center - Walmart Shadow
Walmart Shadow Retail Center | 10,075 SF | 2.5M Annual Visits
Marketing description
Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100% fee simple interest in the Desloge Center (“The Property”), a 10,075 square-foot Walmart shadow anchored retail strip center located in Desloge, Missouri.
Built in 2003 on a 1.04-acre site, the Property is 100% occupied and anchored by Rent-A-Center who occupies 50% of the GLA and has been a tenant since 2011. The complementary mix of service-oriented tenants also includes Verizon, L&V Nails, and Cricket Wireless. The property enjoys longstanding tenure and excellent historical occupancy, with an overall average tenant tenure of more than 11 years and 88% of the rent roll consisting of national credit.
The Desloge Center is strategically positioned in the heart of Desloge, Missouri’s primary retail corridor, directly in front of a high-performing Walmart Supercenter that generates more than 2.5 million annual visits (top 30% nationwide per Placer A.I.). Located just off U.S. Highway 67 and N Desloge Drive (with combined traffic counts exceeding 40,000 vehicles per day), the property benefits from excellent visibility, multiple points of ingress/egress, and strong regional accessibility. Desloge sits roughly 60 miles south of St. Louis and serves a broader trade area supported by nearby towns such as Park Hills and Farmington. The area continues to strengthen with the recent opening of a new ALDI grocery store directly adjacent to the property in 2025, further enhancing the convenience-oriented retail node. This Walmart-shadowed location, surrounded by other national retailers, provides a steady flow of daily shoppers and supports the long-term performance of service-based tenants.
All tenants include triple net lease structures with each tenant being responsible for its proportionate share of real estate taxes, insurance, and common area maintenance.
The Property is offered free and clear of debt at a 7.75% cap rate totaling $2,201,577.
Investment highlights
WALMART SHADOW ANCHORED - Positioned Directly In Front Of A High Performing Walmart Supercenter With More Than 2.5 Million Annual Visits (Top 30% Nationwide) Per Placer A.I.
NATIONAL CREDIT TENANCY WITH LONG STANDING TENURE AND HISTORICAL OCCUPANCY - The Property Enjoys Long-Standing Tenure And Excellent Historical Occupancy, With An Overall Average Tenant Tenure Of More Than 11 Years And 88% Of The Rent Roll Consisting Of National Credit
DOMINANT LOCATION IN PRIMARY RETAIL TRADE AREA - The Property benefits from its strategic location with direct access to Walmart and just off U.S. Highway 67 and N Desloge Dr providing a combined traffic count of more than 40,000 vehicles per day
TRIPLE NET LEASE STRUCTURES - All Tenants Includes Triple Net Lease Structures With Each Tenant Being Responsible For Its Proportionate Share Of Real Estate Taxes, Insurance, And Common Area Maintenance
DESLOGE, MO - Desloge is a vibrant and stable community in St. Francois County, Missouri, located just 60 miles south of St. Louis along U.S. Highway 67. Nestled in the heart of the region’s thriving retail corridor, Desloge enjoys excellent connectivity to nearby communities including Park Hills and Farmington. The area delivers strong regional traffic, excellent visibility, and a steady flow of daily shoppers in a growing and energetic retail environment.
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