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946-980 S Highway Dr
Fenton, MO 63026
I-44 Retail Showroom · Retail Property For Sale

Investment Highlights

  • Retail shopping center with strong tenancy and 95 percent occupancy.
  • Daily traffic counts of approximately 97,358 vehicles enhance consumer reach.
  • Ample surface parking with a ratio of about 6 spaces per 1,000 square feet.
  • Outstanding visibility from Interstate 44 with new pylon signage.
  • Established tenants including Hot Shots Bar & Grill, St. Louis Powersports, and Lumber Liquidators.

Executive Summary

I-44 Retail Plaza offers a compelling investment opportunity in a thriving commercial submarket of Fenton, Missouri. Situated along Interstate 44, the 54,480-square-foot retail center spans nearly six acres and is strategically positioned to capture substantial regional traffic with counts exceeding 97,000 vehicles per day. The center is 95 percent occupied with a diverse tenant roster, including Hot Shots Bar & Grill, St. Louis Powersports, and Lumber Liquidators, ensuring stable in-place income and long-term tenancy.
The property benefits from exceptional visibility through a new pylon sign featuring full tenant panels directly visible from I-44. Convenient access to the interstate makes this asset highly attractive for both daily convenience users and destination retail concepts. A generous parking ratio of approximately 6 spaces per 1,000 square feet supports customer ease, while direct highway frontage maximizes exposure.
Offered at $6,200,000 with an 8.10 percent cap rate, this property presents investors with a quality stabilized retail asset in a market with strong consumer demand and well-established neighboring businesses. Proximity to Interstate 44 and key retail corridors enhances ongoing traffic and sales potential, making this a robust addition to any retail investment portfolio.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
54,480 SF
Building Class
B
Year Built
1985
Price
$6,200,000
Price Per SF
$113.80
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.21
Lot Size
5.94 AC
Zoning
21HP-1
Parking
450 Spaces (8.26 Spaces per 1,000 SF Leased)
Frontage
515’ on S Highway Dr

Amenities

  • Freeway Visibility
  • Signage

Property Taxes

Property Taxes

Parcel Number
26O-11-0305
Land Assessment
$745,180
Improvements Assessment
$661,790
Total Assessment
$1,406,970
  • Listing ID: 40976763

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 946-980 S Highway Dr, Fenton, MO 63026

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