St. Louis, Missouri, is an attractive location for investors seeking to purchase Shopping Centers, with 3 listings available. The city's diverse economy, strong infrastructure, and amenities make it an ideal place to invest in Shopping Centers. These properties can represent a range of investments, from strip centers and community shopping centers to power centers and regional malls. St. Louis offers a unique blend of Midwestern charm and urban amenities, making it an attractive location for businesses and residents alike. The city's strong educational institutions, including Washington University in St. Louis and Saint Louis University, provide a skilled workforce, while its major corporations, such as Centene and Emerson Electric, contribute to a robust economy. Additionally, St. Louis is home to numerous attractions, including the Gateway Arch, the St. Louis Zoo, and the Missouri Botanical Garden, making it a great place for business and travel.
Shopping Centers in St. Louis offer investors a range of opportunities, from small strip centers to large regional malls. The city's public transportation network, including bus and light rail services, and major roadways, such as Interstate 70 and Interstate 55, provide easy access to these properties. In addition to Shopping Centers, St. Louis also offers a range of other property types, including Restaurants, with their unique blend of local cuisine and national chains; Specialty Properties, such as movie theaters and bowling alleys; Land, available for development or redevelopment; and Office Properties, ranging from small office buildings to large corporate campuses. With its diverse economy, strong infrastructure, and amenities, St. Louis is an attractive location for investors seeking to purchase Shopping Centers or other property types. The city's unique character, with its blend of historic neighborhoods and modern developments, makes it an attractive location for businesses and residents alike.
What is the average cap rate for shopping centers in St. Louis?
The average cap rate for shopping centers in St. Louis is 7.75%, which is a key consideration for investors looking to purchase one of the 3 available listings, with average prices per square foot of $206 USD and average sizes of 25,615 square feet, ranging up to 44,991 square feet.
