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Affton Retail Center for Sale or Lease 10004 Gravois Rd 783 - 3,592 SF of Retail Space Available in Saint Louis, MO 63123
Highlights
- Value Add Multi Tenant Retail Building for sale located on Gravois Rd. in Affton, MO.
- Located at the signalized intersection of Gravois and S. Rock hill rd. with over 20,000 V.P.D.
- Situated in a densely populated St. Louis area with 289,459 residents within a 5-mile radius.
- Currently 31% occupied with leases extending through 3/31/2029.
- Building Recently renovated with new electrical, meters, panels, HVAC, roof, plumbing and parking lot.
- ACE Cash express features a N.N.N. corporate lease with 10% rental increases every five years and multiple renewal options.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10006 | 1,352 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $24,336 /YR $2,028 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 10008 | 1,457 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $26,226 /YR $2,186 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 10010 | 783 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $14,094 /YR $1,175 /MO | Triple Net (NNN) |
1st Floor, Ste 10006
This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 10008
This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 10010
This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,592 SF | Gross Leasable Area | 5,453 SF |
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.99/1,000 SF |
| Total Space Available | 3,592 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,453 SF |
| Year Built | 1958 |
| Parking Ratio | 3.99/1,000 SF |
About the Property
This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
Nearby Major Retailers
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Affton Retail Center for Sale or Lease | 10004 Gravois Rd
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