Prairie Dell Plaza 43 Prairie Dell Plz 9,600 SF 100% Leased Retail Building Union, MO 63084 $1,325,000 ($138.02/SF) 8.30% Cap Rate

Marcus & Millichap is pleased to present the United States Social Security Administration
anchored strip center located at 43 Prairie Dell Plaza in Union, Missouri. The subject
property was built in 2002 and is comprised of approximately 9,600 square feet of
rentable space on approximately 1.38-Acres of land. The center is currently 87% occupied
and anchored by the Social Security Administration (7,200 SF), who has occupied the
space since 2012 ($200,000+ build-out) and have recently exercised their 5-year renewal.
The subject property, (S.S.A.), serves the Franklin County community as well as a handful
of other surrounding counties. The closest S.S.A. office from the subject property is 30
miles. The Social Security Administration is owned and operated by the United States
Government and has over 1,300 locations across the nation with a S&P Credit Rating of
AA+.
Union is a city in, and the county seat of Franklin County, Missouri which has a
population count exceeding 105,000. It is located on the Bourbeuse River, 50-miles
southwest of St. Louis. Franklin County is the largest geographic area in the St. Louis MSA
and one of the largest counties in all of Missouri. The subject property is less than one-half mile from Interstate 50, Walmart Supercenter, East Central College (2,100 Annual
Enrollment), Dollar Tree, and multiple other regional/national credit tenants