Share This Listing

Message

920 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

29.69% Partial Interest - PNC Bank 8001 W Florissant Ave 3,009 SF Retail Building Saint Louis, MO 63136 $805,827 ($267.81/SF) 6% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Lease Type: Absolute NNN Lease, Corporate Guarantee
  • Rent Increases: 5% Starting 2027
  • Initial Lease Term: 8 Years
  • Investment Structure: Tenant-in-Common (TIC), suitable for 1031 exchanges

Executive Summary

This is an awesome opportunity to own a piece of an A credit rated NNN Investment. This is an absolute net ground lease with the 5th largest bank in America. The tenant recently renewed their first option period. There are 6.5 years left on the lease. There is an increase scheduled in 2027. Because of the quality of this investment the full property is not available but you can purchase any amount needed from $100,000 up to the full $805,827. This investment pays a 6% return.

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
3,009 SF
Building Class
B
Year Built
2007
Price
$805,827
Price Per SF
$267.81
Cap Rate
6%
NOI
$48,350
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.93 AC
Opportunity Zone
Yes
Zoning
C3 - C3 Zoning
Parking
56 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
104’ on Florissant Ave

Amenities

  • Signage
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • Jan 0000

PNC Bank, a subsidiary of The PNC Financial Services Group, operates from its national headquarters at The Tower at PNC Plaza, located at 300 Fifth Avenue in downtown Pittsburgh. Completed in 2015, the tower functions as the company’s principal administrative center and symbolizes PNC’s role as one of the largest diversified financial institutions in the United States. From this location, PNC directs operations across its extensive retail branch network, corporate banking divisions, institutional services, and asset management platforms. The Tower at PNC Plaza is recognized as one of the greenest high-rises built in the U.S., designed by Gensler to exceed LEED Platinum standards with features such as a solar chimney, double-skin façade, grey-water reuse systems, and sustainably sourced materials. Its 33-story structure accommodates numerous corporate departments across floors rather than listing individual suite numbers. PNC’s headquarters reflects the organization’s commitment to customer service, responsible banking practices, and community impact. As a coast-to-coast bank with a presence in all of the nation’s largest markets, PNC uses this flagship Pittsburgh location to coordinate strategic initiatives across retail, commercial, and institutional financial services.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - Jan 0000

Nearby Major Retailers

Chase Bank
Midland States Bank
U.S. Bank
Schnucks
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
13G-42-0883
Land Assessment
$95,300
Improvements Assessment
$245,600
Total Assessment
$340,900
  • Listing ID: 34495203

  • Date on Market: 1/15/2025

  • Last Updated:

  • Address: 8001 W Florissant Ave, Saint Louis, MO 63136

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}