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1026 S Brentwood Blvd
Saint Louis, MO 63117
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Long-term NNN lease with 9+ years remaining
- Cannabis dispensary tenant in place
- High traffic visibility near St. Louis Galleria and Clayton
- 8% cap rate with annual 2% rent escalations
- Surrounded by major retailers in Brentwood Promenade
EXECUTIVE SUMMARY
Located in the heart of Richmond Heights, 1026 S Brentwood Boulevard presents a rare opportunity to acquire a stabilized, single-tenant retail investment with long-term income security. This ±5,250 SF property is fully leased to a cannabis dispensary under a NNN lease structure, offering investors minimal landlord responsibilities and predictable cash flow. With over nine years remaining on the lease and 2% annual rent escalations, the asset delivers strong yield performance at an 8% cap rate.
Positioned within the Brentwood Promenade retail corridor, the property benefits from exceptional visibility and access, surrounded by high-performing national retailers including Target, Whole Foods, and Nordstrom Rack. The site sees robust traffic counts, with over 48,000 vehicles per day on nearby thoroughfares, and is minutes from the St. Louis Galleria and Downtown Clayton. This prime location ensures consistent consumer draw and long-term tenant viability.
The surrounding area is a vibrant mix of residential neighborhoods, retail centers, and office districts, contributing to a dynamic and supportive commercial environment. With proximity to Interstate 64 and 170, the property is easily accessible to the broader St. Louis metro, enhancing its regional appeal.
This offering is ideal for investors seeking a passive, income-generating asset in a thriving retail corridor with strong tenant demand and long-term lease stability.
Positioned within the Brentwood Promenade retail corridor, the property benefits from exceptional visibility and access, surrounded by high-performing national retailers including Target, Whole Foods, and Nordstrom Rack. The site sees robust traffic counts, with over 48,000 vehicles per day on nearby thoroughfares, and is minutes from the St. Louis Galleria and Downtown Clayton. This prime location ensures consistent consumer draw and long-term tenant viability.
The surrounding area is a vibrant mix of residential neighborhoods, retail centers, and office districts, contributing to a dynamic and supportive commercial environment. With proximity to Interstate 64 and 170, the property is easily accessible to the broader St. Louis metro, enhancing its regional appeal.
This offering is ideal for investors seeking a passive, income-generating asset in a thriving retail corridor with strong tenant demand and long-term lease stability.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
5,250 SF
Building Class
C
Year Built
1963
Price
$3,015,000
Price Per SF
$574.29
Cap Rate
8%
NOI
$241,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.31 AC
Zoning
C2 - Commercial
Parking
21 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 19K-22-0897 | Improvements Assessment | $428,860 |
| Land Assessment | $108,580 | Total Assessment | $537,440 |
PROPERTY TAXES
Parcel Number
19K-22-0897
Land Assessment
$108,580
Improvements Assessment
$428,860
Total Assessment
$537,440
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