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515 Florence Dr
Saint Peters, MO 63304
The Learning Experience | Built 2019 | 15 Yrs · Retail Property For Sale

Investment Highlights

  • New 15 Year Lease with Scheduled Rental Increases
  • National Tenant with 300+ Locations and Growing
  • High Traffic Location in a Dense Retail Corridor
  • New 2019 Construction
  • Large Customer Base with High Demand for Childcare Services

Property Facts

Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,822 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.20 AC
Parking
34 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
127’ on I-94

About 515 FLORENCE DR , SAINT PETERS, MO 63304

The property is conveniently located at the signalized intersection of Highway 94 and Florence Drive, with excellent visibility and access to 42,014 vehicles per day directly in front of the property. Highway 94 serves as one of St. Charles County’s primary east-west transportation routes, and the property is in a strong retail corridor. Gold’s Gym is directly adjacent to the property, and several shopping centers featuring a healthy mix of national, regional, and local retailers are within walking distance. Notable retailers located in the nearby area include Walgreens, Target, Home Depot, Chick-fil-A, Schnucks, and many others. Several schools are near the property, including Independence Elementary School (706 students), Bryan Middle School (914 students), and Central Elementary School and Hollenbeck Middle School (over 1,400 students). All these schools are part of St. Charles County’s highly-rated school districts, which rank in the top 25% of all Missouri school districts. The property is surrounded by affluent residential neighborhoods; the average household income within one mile of the property is $120,315, and average household incomes within three- and five-mile radii exceed $100,000. The surrounding area is also densely populated, with 161,054 residents living within five miles of the property. Additionally, a majority of the county’s workforce works outside of the home, and many residents commute to St. Louis and the surrounding communities for work, providing a high demand for childcare services.

Property Taxes

Property Taxes

Parcel Number
3-0120-C728-00-00A1.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$696,495
  • Listing ID: 16650102

  • Date on Market: 7/18/2019

  • Last Updated:

  • Address: 515 Florence Dr, Saint Peters, MO 63304

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