Supermarket For Sale • 51,450 SF
Aldi signed an initial 15 year lease term and Ace signed a 10 year lease, providing for long-term passive cash flow. |
The property was recently renovated, featuring an updated facade and parking lot improvements. |
5.8 acre parcel with 269 parking spaces. |
There are 64,000 residents earning an average household income of $126,000 within three miles of the site. |
Cap Rate: | 7.50 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Ace Hardware | 9/30/2034 | |
ALDI | 9/30/2037 | |
Sav-On Liquor & Wine | 3/31/2034 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Kirkwood Amtrak Station (Lincoln Service Missouri River Runner - Amtrak, Missouri River Runner - Amtrak) | 13 min | - | 6.1 mi |
Airport | Drive | Walk | Distance |
St Louis Lambert International | 32 min | - | 21.8 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 279 |
Type: | Surface |
Included in Rent: | Yes |