1314 Jeffco Blvd, Arnold, MO 63010
3,354 SF | 100% Leased | Retail Building | Arnold, MO 63010 | $3,000,000 ($894/SF) | 5% Cap Rate
For Sale
Active
Asking Price $3,000,000
- Property Type
-
Retail
- Square Feet
- 3,354 SF
- Price / Square Foot
- $894
Listing Contacts
Jonathan Silver
Property Overview
Marcus and Millichap is pleased to exclusively present for sale, this brand new ground leased corporate guaranteed Chase Bank asset. This is a very rare 15-year absolute NNN lease term. The property is currently under construction by the tenant, but due to the ground leased structure, investors can purchase while the tenant completes their improvements.
The property located at 1314 Jeffco Blvd Box 708, Arnold, MO 63010, enjoys a strategic position in the suburban community of Arnold, Missouri. Situated just south of St. Louis, this location offers convenient access to a variety of prominent retailers and essential services. Nearby shopping options include major stores such as Walmart Supercenter, Target, Sam’s Club, Home Depot, Lowe’s Home Improvement, Kohl’s, and Best Buy, providing a comprehensive range of products from groceries and clothing to electronics and home improvement supplies.
Transportation connectivity is a key advantage of this location, with Jeffco Blvd (US-61/US-67) running directly through the area, facilitating easy north-south travel. Additionally, Interstate 55 (I-55), located just to the east, offers a major route for regional travel, connecting Arnold to downtown St. Louis and beyond. Highway 141 (Arnold Bypass) and State Highway 231 further enhance accessibility, linking the property to other important highways and local destinations.
The property located at 1314 Jeffco Blvd Box 708, Arnold, MO 63010, enjoys a strategic position in the suburban community of Arnold, Missouri. Situated just south of St. Louis, this location offers convenient access to a variety of prominent retailers and essential services. Nearby shopping options include major stores such as Walmart Supercenter, Target, Sam’s Club, Home Depot, Lowe’s Home Improvement, Kohl’s, and Best Buy, providing a comprehensive range of products from groceries and clothing to electronics and home improvement supplies.
Transportation connectivity is a key advantage of this location, with Jeffco Blvd (US-61/US-67) running directly through the area, facilitating easy north-south travel. Additionally, Interstate 55 (I-55), located just to the east, offers a major route for regional travel, connecting Arnold to downtown St. Louis and beyond. Highway 141 (Arnold Bypass) and State Highway 231 further enhance accessibility, linking the property to other important highways and local destinations.
Property Details
- Class
- C
- Year Built
- 2024
- Stories
- 1
- Lot Size (sq. ft)
- 72,745 SF
Highlights
- PREMIER TENANT: Chase Bank: Top global bank with a strong credit rating (S&P: A+), ensuring reliable income.
- LONG-TERM LEASE: 15-Year Ground Lease: Provides stable, long-term income. No Landlord Responsibilities: Tenant covers all expenses.
- POTENTIAL FOR APPRECIATION: Future Development: Oversized lot 1.67 acres, providing ample space and potential for future development.
- ATTRACTIVE FINANCIALS Strong Income Stream: Reliable payments from a top-tier institution, systemically important bank. Scheduled Rent Increases
- MARKET DYNAMICS: Retail Hub: Diverse local retailers including: Walmart Supercenter, Lowe’s Home Improvement, Target, Harbor Freight Tools, and Kohls
- STRATEGIC LOCATION: Signalized Hard Corner and Easy access to both Highway 141 and 55
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