Chesterfield, MO 63017

Starbucks

Property Address

13506 Olive Boulevard, Chesterfield, MO, USA

Offering Summary

  • Price: $1,630,000
  • Lot Size: .31 Acres
  • Cap Rate: 5.40%
  • Year Built: 2016
  • Building SF: 627
  • Status: Available
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  • 5 Years Remaining on Triple-Net Lease with Below Market Rent
  • Corporate Guaranty, Investment Grade Credit Tenant (S&P Rating: BBB+)
  • 10% Rental Increases Every 5 Years, with Four (4), 5-Year Options
  • Surrounded by Major National Retail Tenants - McDonald's, Firehouse Subs, Goodwill, Anytime Fitness, Domino's, Taco Bell, Bowlero, and Many More
  • Grocery Anchored Outparcel Location: High Visibility at Hard-Corner Signalized Intersection of Olive Blvd / MO-340 and N Wood Mills Rd (Over 36,000 Cars/Day)
  • Dense Daytime Population of 503,630 Employees on Average in Surrounding Area
  • Prime Retail Corridor between Four Seasons Shopping Center and Woods Mill Plaza, with Direct Connections along MO-340 to Chesterfield Mall and Chesterfield Commons
  • Less Than 15 Minute Commute to St. Louis Lambert International Airport with Over 15.9 Million Passengers Annually
  • Located in Affluent Suburb of St. Louis: Average Household Income in Immediate Area Exceeds $139,000 Per Year

Broker Information