This Retail Property is no longer advertised on LoopNet.com.

2855 Magnolia Ave
Saint Louis, MO 63118
Single Tenant NNN Investment Property-10 Year · Retail Property For Sale

Investment Highlights

  • • Multi-State Auto Body Shop with 12 Locations-The Collision Guys
  • • 10-Year Lease with Two 5-Year Options
  • • Year 1 NOI $66,000-7% Cap Rate
  • • 10-Year Lease with Two 5-Year Options
  • • 3% Annual Rent Increases
  • • Year 10 NOI $86,115-9.1% Cap Rate

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,292 SF
Building Class
C
Year Built
1930
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.26 AC
Zoning
B - Commercial
Frontage
59’ on Magnolia Ave

Amenities

  • Corner Lot
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
2077-00-0450-0
Land Assessment
$6,000
Improvements Assessment
$20,500
Total Assessment
$26,500
  • Listing ID: 29833897

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 2855 Magnolia Ave, Saint Louis, MO 63118

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