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7570-7580 Watson Road, St
Saint Louis, MO 63123
Retail Property For Sale
Investment Highlights
- Fully-Occupied Shopping Center with 5 Tenants on a NNN Lease and an Average Lease Term of 4 Years Remaining
- Includes a Renovated Storefront Facade and Pylon Signage Along Watson Rd
- Stabilized Multi-Tenant Asset Represents an Ideal 1031 Exchange Opportunity
- Built in 1985 on a 1.67 Acre Parcel of Land
- Below-Market Rents Present a Value-Add Opportunity to Future Ownership
- Property has 48 Parking Spaces and a 3.22/1,000 S.F. Parking Ratio
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,876 SF
Building Class
C
Year Built
1985
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.22
Lot Size
1.57 AC
Zoning
C1 - Commercial Shopping District
Parking
48 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
196’ on Watson Rd
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 24J-44-0111 | Improvements Assessment | $288,580 |
| Land Assessment | $232,800 | Total Assessment | $521,380 |
Property Taxes
Parcel Number
24J-44-0111
Land Assessment
$232,800
Improvements Assessment
$288,580
Total Assessment
$521,380
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