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2001 S Old Highway 94
Saint Charles, MO 63303
Sonic | St. Louis (MSA) | Long-term Abs. NNN · Retail Property For Sale
Investment Highlights
- Long-term (19-year) Absolute NNN lease
- Strong sales reported (ask broker for details)
- 4 x 5-year options to extend
- Experienced 53-unit operator/guarantor
- 2% annual increases through base term and options, generating NOI and hedging against inflation
- Two more carbon-copy deals available individually or as a portfolio (ask broker for details)
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,678 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.95 AC
Zoning
Commercial
Parking
24 Spaces (14.3 Spaces per 1,000 SF Leased)
Frontage
196’ on S Old Highway 94
Property Taxes
| Parcel Number | 3-0011-9390-00-003A.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $259,897 |
Property Taxes
Parcel Number
3-0011-9390-00-003A.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$259,897
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