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1 N Central Ave 8,609 SF 100% Leased Retail Building Clayton, MO 63105 $3,000,000 ($348.47/SF) 6% Cap Rate
Investment Highlights
- Premiere Location
- Thriving Market Fundamentals
- Strong, Stable Cash Flow
Executive Summary
Sansone Group is pleased to present a rare opportunity for qualified investors to acquire an 8,609-square-foot retail asset located at 1 N Central Avenue in the heart of the Clayton Central Business District, one of the most sought-after retail and office submarkets in the St. Louis region. This premier property delivers a unique combination of location, quality, and strong, reliable cash flow, supported by long-term tenancy and exceptional market fundamentals.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,609 SF
Building Class
B
Year Built
1900
Price
$3,000,000
Price Per SF
$348.47
Cap Rate
6%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.80
Lot Size
0.11 AC
Zoning
C4
Frontage
Amenities
- Bus Line
- Signage
Walk Score®
Walker's Paradise (93)
Nearby Major Retailers
Property Taxes
| Parcel Number | 18K-31-0249 | Improvements Assessment | $246,820 |
| Land Assessment | $261,020 | Total Assessment | $507,840 |
Property Taxes
Parcel Number
18K-31-0249
Land Assessment
$261,020
Improvements Assessment
$246,820
Total Assessment
$507,840
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