Listed by NAI DESCO - St. Louis
$6,200,000
I-44 Retail Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 54,480
Cap Rate 8.10%
Occupancy 95%
Tenancy Multi
Brand/Tenant Hot Shots Bar & Grill, St. Louis Powersports
Acreage 5.940
Parking Spaces 6 per 1,000 sq ft
Investment Type Stabilized
946-980 S Highway Dr, Fenton, MO 63026
Marketing description
I-44 Retail Plaza is a 54,480 SF retail neighborhood center situated on 5.94 acres at 946-980 S Highway Dr in Fenton, MO. The property offers excellent exposure and direct access to I-44, with traffic counts of 97,358 VPD. The center is 95% occupied and features a new pylon sign with full tenant panel visibility from I-44.
Investment highlights
- 54,480 SF retail shopping center on 5.94 acres
- 95% occupied
- New pylon sign with full tenant panel visibility from I-44
- Major tenants include: Hot Shots Bar & Grill, St. Louis Powersports, & Lumber Liquidators
- Approximately 6/1000 parking
- Excellent exposure to I-44 with traffic counts of 97,358 VPD
- Sale Price: $6,200,000 (8.10% Cap Rate)
- Investment Sale 54,480 SF on 5.94 AC
- Retail Neighborhood Center
- Excellent Exposure & Direct Access to I-44
Listing Contacts
Listed by NAI DESCO - St. Louis
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