Value-Add Opportunity - Currently 31% Occupied Through 3/31/2029
Pro Forma ~15% Cap Rate with Lease of Vacant Space at List Price
Building/Property has been Fully Rehabilitated with New Electrical, Meters, Panels, HVAC, Roof, Plumbing and Parking Lot. Vacancy is Ready to be Occupied - Currently in Grey Shell Condition
Signalized Hard Corner Location Visible to More Than 21,000 Cars per Day
Dense St. Louis Infill with 289,459 Residents within a 5-Mile Radius
Direct Proximity to National Retail Tenants: Starbucks, Panera Bread, Schnucks, Ace Hardware, Dollar General, Walgreens, and More
Adjacent to Lutheran High School South with 500+ Students - Construction Underway on a New 39,000-SF Performing Arts Center Opening in 2024
Located within a 25-Minute Drive of Downtown St. Louis and St. Louis Lambert International Airport
ACE Cash Express Features a NNN Corporate Lease with 10% Rental Increases Every Five Years and Multiple Renewal Options
Average Household Income Exceeds $91,000 within a 5-Mile Radius