11333 Olive Blvd, Creve Coeur, MO 63141
2,752 SF | Retail Building | Creve Coeur, MO 63141 | $1,621,000 ($589/SF) | 5.65% Cap Rate
Asking Price $1,621,000
- Property Type
-
Retail
- Square Feet
- 2,752 SF
- Price / Square Foot
- $589
Listing Contacts
Jeff Lefko
Bill Asher
Property Overview
New 15-Year Absolute NNN Corporate Ground Lease | Rare 15% Increases Every 5 Years | Affluent St. Louis Suburb; $156,560 AHHI
Property Details
- Year Built
- 1987
- Stories
- 1
Highlights
- Single-Tenant Corporate Valvoline Instant Oil Change with Proven Operating History: Absolute NNN corporate ground lease
- Brand New Phase I Environmental Report (Dated April 2024) for Ease of Due Diligence
- High Barrier to Entry: The city of Creve Coeur will no longer approve another oil change license within the municipality
- Prominent Exposure and Accessibility: 32,800+ CPD along Olive Boulevard
- Significant Daytime Population; 114,252 Employees within a 3-Mile Radius
- Dense, Highly Affluent Demographics: 169,805 people in a 5-mile radius; average household incomes of $156,560 in a 1-mile radius
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