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Ridgecrest Crossing 2 Retail Properties Offered at $9,530,000 in Arnold, MO
INVESTMENT HIGHLIGHTS
- 100% leased Class “A” multi-tenant retail strip center & STNL medical facility shadow anchored by high-performing Walmart Supercenter
- Commitment to site through capital improvements & early lease renewal (SSM Health) – Expensive tenant improvements
- Desirable national retail & credit medical tenancy – Passive NNN leases – 5.4 years of weighted average lease term remaining (WALT)
- Largest city in Jefferson County – Located 20 miles south of downtown St. Louis via I-55 – Large healthcare presence
EXECUTIVE SUMMARY
Lee & Associates and Bang Realty are pleased to exclusively present Ridgecrest Crossing, a 100% leased multi-tenant retail and medical investment located in Arnold, Missouri, within the St. Louis MSA. The property spans 19,699 square feet and is comprised of five tenants, including SSM Health, Verizon Wireless, Smoothie King, Jimmy John’s, and Cold Stone Creamery. Situated on 3.57 acres at the signalized hard corner of Jeffco Boulevard and Ridgecrest Drive, the center benefits from strong visibility to 15,600 vehicles per day and is shadow anchored by a top 5% nationally ranked Walmart Supercenter.
PROPERTY FACTS
| Price | $9,530,000 | Number of Properties | 2 |
| Price / SF | $474.13 / SF | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 20,100 SF |
| Sale Type | Investment | Total Land Area | 2.72 AC |
| Status | Active |
| Price | $9,530,000 |
| Price / SF | $474.13 / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,100 SF |
| Total Land Area | 2.72 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1280-1296 Jeffco Blvd, Arnold, MO 63010 | Retail | 12,600 SF | 2015 | - |
| 1270 Jeffco Blvd, Arnold, MO 63010 | Retail | 7,500 SF | 2015 | - |
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Ridgecrest Crossing
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