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32453043
32453042

9920 Lin Ferry Drive, Green Park, MO 63123

MK
IL 475154630
CBRE - Oak Brook
KB
IL 475190002
CBRE - Oak Brook
CY
MO 2007-033328
CBRE - Saint Louis
Listed by CBRE - Oak Brook, CBRE - Saint Louis
$11,584,000
45 days on market
Updated 45 days ago

Fresh Thyme Market

Details
APN PC90453224-102
Property Type Retail
Sub Type Grocery Store
Square Footage 28,079
Cap Rate 7.15%
NOI $828,240
Tenancy Single
Lease Type NN
Lease Term 15.1
Lease Expiration 12/31/2032
Remaining Term 6.5
Rent Bumps Yes
Year Built 2017
Acreage 2.320
Zoning CC-P (Commerical Corridor District)
Parking Spaces 134 spaces
Parking Per SqFt 4.77
Investment Type Net Lease
Lease Commencement 12/07/2017
Ground Lease No
Ownership Fee Simple

Upcoming 10% Rent Bump | 7.15% CAP ASK | St. Louis MSA

Marketing description

CBRE's Net Lease Property Group—Midwest is pleased to present qualified individuals with the opportunity to acquire 100% fee interest in a freestanding Fresh Thyme in Green Park, MO (the "Property"). The original fifteen-year lease has over six years of term remaining, with a healthy 10% rental increase in January 2028. Additionally, the lease features a 7% rental increase in the first option period, and 10% bumps in the remaining three, 5-year renewal options. The Lease is guaranteed by Lakes Venture LLC, the entity for all Fresh Thyme locations and a direct subsidiary of Meijer.

Fresh Thyme is ideally located with prime visibility along US-61, a major highway with over 15,400 vehicles passing daily. The site benefits from strong regional connectivity, positioned near the intersection of major highways including US-61 and I-255, providing easy access for both local and commuter traffic. The Property sits on South Lindbergh Boulevard, the area's main retail corridor, home to several national and local tenants. Just under two miles away is South County Center, a 979,368 square-foot mall that draws over 4.3 million annual visitors, featuring key tenants like Dillard's, JCPenney, and DICK's Sporting Goods. The surrounding five-mile radius has a population of 220,070, with an average household income of $113,000.

Fresh Thyme Farmers Market is a full-service, natural and specialty grocer offering a farmer's market concept with nutritious options at an affordable price and the convenience of a neighborhood store. Fresh Thyme's extensive produce department offers organic and local fruits and vegetables. Other products throughout the store include natural meat raised without hormones, seafood, hearty breads, delicious treats from local artisan bakeries, barrels of natural and organic bulk foods, earth-friendly cleaning supplies, and gluten-free and dairy-free options among many others. The company was founded in 2012 and has had substantial growth throughout the Midwest with approximately 70 stores across 10 states.

Investment highlights

  • High-Volume Reported Sales
  • Top-Performing Location
  • Minimal Landlord Responsibilities
  • Below Replacement Cost
  • Exceptional Retail Corridor
  • Unmatched Access & Visibility
  • Dense, Affluent Customer Base

Listing Contacts

MK
IL 475154630
CBRE - Oak Brook
KB
IL 475190002
CBRE - Oak Brook
CY
MO 2007-033328
CBRE - Saint Louis
Listed by CBRE - Oak Brook, CBRE - Saint Louis

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$828,240.00
$69,020.00/mo

Valuation Metrics

0
DSCR
7.15%
Cap Rate
7.15%
ROI

Map

Zoning

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CC CommercialSpecial CommercialCommercial Corridor
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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