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Main Street Auto 1779 N Highway 67 4,357 SF 100% Leased Retail Building Florissant, MO 63033 $2,318,570 ($532.15/SF) 6.75% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Dense National Retail Presence
- High-Traffic Corridor Exposure
- Brand-New Long-Term Triple-Net (NNN) Lease
Executive Summary
Surmount is pleased to present the exclusive listing for a located at 1779 North Highway 67, Florissant, MO 63033. The site con sists of roughly 4,357 rentable square feet of building space on an estimated 0.57-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $156,503 and has scheduled increases of 2.00% Annually starting 3/1/2031.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,357 SF
Year Built
1978
Price
$2,318,570
Price Per SF
$532.15
Cap Rate
6.75%
NOI
$156,503
Percent Leased
100%
Building Height
1 Story
Building FAR
0.18
Lot Size
0.57 AC
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 07J-22-0897 | Improvements Assessment | $44,580 |
| Land Assessment | $50,850 | Total Assessment | $95,430 |
Property Taxes
Parcel Number
07J-22-0897
Land Assessment
$50,850
Improvements Assessment
$44,580
Total Assessment
$95,430
Contacts
-
Edward Otocka -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
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Main Street Auto | 1779 N Highway 67
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