6042 Mid Rivers Mall Dr
Saint Peters, MO 63304
Bridgestone-FireStone · Retail Property For Sale

Marcus & Millichap is pleased to present for sale this Firestone Complete Auto Care in St Peters, Missouri. The leasehold is corporately guaranteed by BFS Retail & Commercial Operations, a subsidiary of Bridgestone Corporation, a multi billion dollar conglomerate that owns the Bridgestone and Firestone brands. Firestone has approximately 9.5 years remaining on its base lease with Four 5 year renewal options at 6.5% increases each. Under the new tax laws, this leasehold property may qualify for 15 year straight line depreciation greatly enhancing the investors return. Please consult your tax adviser. The Property is located on Mid Rivers Mall Drive, one of the busiest North South thoroughfares in St Charles County. There are 42,000 vehicles per day on Mid Rivers with population of 173,000 within 5 miles with average household incomes exceeding $100,000 annually and population growing 5-7% annually. National retailers include AutoZone, Chick-Fil- A, Home Depot, Target, Starbucks, Panera Bread, McDonald's, Jack in the Box, PNC Bank, Freddy's Steakburgers and Krispy Kreme. The City of St. Peters, Missouri, is a City that works, with a quality of life that's second to none, recognized by Money Magazine twice as one of the Top 100 Best Places to Live in America and #15 in 2017. Located in St. Charles County, to the northeast of St. Louis County, St. Peters is home to 56,000 people and over 2,500 businesses that provide 27,500-plus jobs.