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2893 Veterans Memorial Pky
Saint Charles, MO 63303

$2,078,800 USD

Freestanding For Sale  •  5,159 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,159 SF
  • Lot Size 1.19 AC
  • Building Class B
  • Year Built 1993
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
65 Walk Score

Highlights

PASSIVE NNN INVESTMENT: 6+ years remaining on a new corporate lease, with minimal landlord responsibilities and roof warranty in place until 2028
MAJOR PROPERTY RENOVATIONS: Recent 2023 tenant improvements include new windows, slab/foundation work, new unit heater, and more
STRATEGICALLY LOCATED RETAIL AREA: Well located outparcel to a highly trafficked Walmart Super Center and Sam’s Club anchored shopping center
RAPIDLY EXPANDING TENANT: Consumer Cellular has been consistently listed as one of America’s fastest growing private companies since 2007
DENSE AND AFFLUENT SUBURBAN NEIGHBORHOOD: St Charles is just 30 minutes outside of downtown St. Louis with strong demos

Property Flyers

Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Consumer Cellular 5,159 SF 1/1/2031

Public Transportation

AirportDriveWalkDistance
St Louis Lambert International 19 min - 12.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 67
Type: Surface
Included in Rent: Yes
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap