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10010 Halls Ferry Rd
Saint Louis, MO 63136
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Neighborhood retail center with drive-through endcap
- Significant Upside with 3-7% annual rent increases & NNN Reimbursements
- Ample parking for tenants and customers
- 100% leased with long-term tenants
- High-traffic area near the intersection of Halls Ferry Rd & Chambers Rd
- Nearby Retailers include Walgreens, Home Depot, McDonald’s, Dollar Tree, AutoZone, O’Reilly Auto Parts, Rally’s, Steak ‘n Shake, Subway, and many more
EXECUTIVE SUMMARY
Presenting a prime investment opportunity at 10010 Halls Ferry Rd, Saint Louis, MO 63136—a fully leased neighborhood retail center encompassing 10,767 square feet on a 1.33-acre lot. This property hosts eight long-term tenants and features a drive-through endcap, enhancing its appeal to a diverse customer base. Strategically located near the high-traffic intersection of Halls Ferry Rd and Chambers Rd, the center benefits from daily traffic counts of 11,805 vehicles on Halls Ferry Rd and 7,574 on Chambers Rd, ensuring excellent visibility and accessibility. Ample parking with over 60 spaces caters to both tenants and customers. The property is surrounded by prominent retailers such as Walgreens, Home Depot, McDonald's, Dollar Tree, AutoZone, O'Reilly Auto Parts, Rally's, Steak 'n Shake, and Subway, fostering a thriving business environment. With 3-7% annual rent increases and NNN reimbursements, investors can anticipate significant upside potential. Located approximately 10 miles from downtown St. Louis, the property offers convenient access to the city's cultural and economic amenities. Additionally, Lambert-St. Louis International Airport is within a 15-mile radius, facilitating ease of travel for business operations. This investment not only promises stable returns but also positions you at the heart of a vibrant commercial hub with robust growth prospects.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,767 SF
Building Class
B
Year Built
1970
Price
$1,900,000
Price Per SF
$176.47
Cap Rate
7.75%
NOI
$147,320
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.33 AC
Zoning
C-8 - Commercial
Parking
60 Spaces (5.57 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 11F-13-1092 | Improvements Assessment | $224,860 |
| Land Assessment | $87,390 | Total Assessment | $312,250 |
PROPERTY TAXES
Parcel Number
11F-13-1092
Land Assessment
$87,390
Improvements Assessment
$224,860
Total Assessment
$312,250
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