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Investment Highlights

  • 90% Occupied with All Tenants on NNN Leases
  • Strategically Located in a Dense Retail Hub
  • City Gear Ranked in 93rd Percentile Nationwide for Visits with 48.8K Visits in Foot Traffic in 2024 and 2025, per Placer.ai
  • Offered Free & Clear of Existing Financing
  • City Gear Sales of $3MM in 2024
  • Densely Populated Infill; High Barriers to Entry with a Population of +255,500 in 5 Mile Radius

Executive Summary

This value-add opportunity features a 90% occupied multi-tenant retail asset with all tenants on NNN leases, delivered free and clear. The site is strategically positioned within a dense, high-barrier-to-entry retail hub with a population of +255,500 in a 5-mile radius. Jennings Shops - Plaza on the Boulevard benefits from excellent visibility at a major signalized intersection and is part of the Buzz Westfall Plaza on the Boulevard Shopping Center, which ranks in the 91st percentile for local visits within a 15-mile radius with 3MM annual visits, per Placer.ai. The property is less than 2 miles from I-70 (78,670 VPD) and is dual grocery shadow-anchored by dominant grocers Aldi and Schnucks which ranks in the 94th percentile nationwide and 97th percentile in Missouri with 1.1MM annual visits.
The City Gear tenant generated $3MM in 2024 sales, ranking in the 93rd percentile nationwide for foot traffic with 48.8K visits across 2024 and 2025. The site is adjacent to Copeland’s corporate headquarters (±18,000 global employees) and is surrounded by a densely populated residential area with +4,000 multifamily units in a 2 mile radius. The property sits just 6.6 miles from St. Louis Lambert International Airport, which served over 15.9MM passengers in 2024.
Watch Property Video: https://vimeo.com/1148033220

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,918 SF
Building Class
B
Year Built
2006
Price
$4,806,000
Price Per SF
$241.29
Cap Rate
8.50%
NOI
$408,504
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
3.35 AC
Opportunity Zone
Yes
Zoning
C3 - Allows for most ordinary commercial uses, including large-format retail, community shopping centers, and service commercial.
Parking
60 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
135’ on W Florissant

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Chiro1
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • City Gear
  • -
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

H&R Block began in 1955 when brothers Henry and Richard Bloch started a bookkeeping service in Kansas City, Missouri. They quickly pivoted to tax preparation after realizing the market need. The company pioneered the tax preparation industry and expanded through franchising in the 1950s. Over decades, it grew into a global provider of both in-person and digital tax services. Today, the company offers do-it-yourself tax software, assisted tax preparation, and financial products like refund advances. They also serve small businesses with bookkeeping and payroll services. H&R Block continues to adapt by integrating technology into their traditional tax services.

  • Long Nails
  • Services
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • Jan 0000

Subway began in 1965 when Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Chiro1 Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
City Gear - 99,999 SF - - Jan 0000
Professional, Scientific, and Technical Services 99,999 SF - Lorem Ipsum Jan 0000
Long Nails Services 99,999 SF - - Jan 0000
Accommodation and Food Services 99,999 SF - - Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • I1
  • 2,000 SF
  • Retail
  • End Cap
  • Now
Space Size Space Use Position Available
I1 2,000 SF Retail End Cap Now

I1

Size
2,000 SF
Space Use
Retail
Position
End Cap
Available
Now

Nearby Major Retailers

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

Property Taxes

Property Taxes

Parcel Number
13G-44-0261
Land Assessment
$224,060
Improvements Assessment
$830,880
Total Assessment
$1,054,940
  • Listing ID: 38985916

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 8005 W Florissant, Saint Louis, MO 63136

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