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1550 S New Florissant Rd
Florissant, MO 63031
CVS Pharmacy · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Newly built
  • Highly-leveraged zero cash flow investment
  • New NNN 25-year lease with 10 five-year extensions
  • Perfect 1031 exchange asset

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.12 AC
Zoning
24B5
Parking
9 Spaces (0.68 Spaces per 1,000 SF Leased)
Frontage
513’ on South New Florissant Road

ABOUT 1550 S NEW FLORISSANT RD , FLORISSANT, MO 63031

Rare opportunity to acquire a newly-built CVS Pharmacy. 3.901% loan that fully amortizes prior to the expiration of the lease and contains pay-down/re-advance feature, allowing an investor to meet a larger exchange requirement and purchase the asset for limited equity

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09J-22-0790
Land Assessment
$230,850
Improvements Assessment
$777,410
Total Assessment
$1,008,260
  • Listing ID: 15343556

  • Date on Market: 3/4/2019

  • Last Updated:

  • Address: 1550 S New Florissant Rd, Florissant, MO 63031

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