Desloge Centre 405 N State St 10,075 SF 100% Leased Retail Building Desloge, MO 63601 $2,201,577 ($218.52/SF) 7.75% Cap Rate

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100% fee simple interest in the Desloge Center (“The Property”), a 10,075 square-foot Walmart shadow anchored retail strip center located in Desloge, Missouri.
Built in 2003 on a 1.04-acre site, the Property is 100% occupied and anchored by Rent-A-Center who occupies 50% of the GLA and has been a tenant since 2011. The complementary mix of service-oriented tenants also includes Verizon, L&V Nails, and Cricket Wireless. The property enjoys long-standing tenure and excellent historical occupancy, with an overall average tenant tenure of more than 11 years and 88% of the rent roll consisting of national credit.
The Desloge Center is strategically positioned in the heart of Desloge, Missouri’s primary retail corridor, directly in front of a high-performing Walmart Supercenter that generates more than 2.5 million annual visits (top 30% nationwide per Placer A.I.). Located just off U.S. Highway 67 and N Desloge Drive (with combined traffic counts exceeding 40,000 vehicles per day), the property benefits from excellent visibility, multiple points of ingress/egress, and strong regional accessibility. Desloge sits roughly 60 miles south of St. Louis and serves a broader trade area supported by nearby towns such as Park Hills and Farmington. The area continues to strengthen with the recent opening of a new ALDI grocery store directly adjacent to the property in 2025, further enhancing the convenience-oriented retail node. This Walmart-shadowed location, surrounded by other national retailers, provides a steady flow of daily shoppers and supports the long-term performance of service-based tenants.
All tenants include triple net lease structures with each tenant being responsible for its proportionate share of real estate taxes, insurance, and common area maintenance.
The Property is offered free and clear of debt at a 7.75% cap rate totaling $2,201,577.