Two Strip Centers for Sale

8270 St. Charles Rock RD and 8316 Lackland, ST. LOUIS MO 63114

Sold
  • One block from 1/170 interchange connecting the North and
    South highways like Highways 40 and 70 running East and West.
  • The rents have not been raised in years and most tenants have
    been in the buildings for many years.
  • All tenants are on short term leases with no bumps or pass
    throughs of expenses.
  • Near schools, retail centers, residential homes and apartments.
  • Stays 100 percent leased year round for decades.
    All tenants pay their own utilities.
  • Minutes from Lambert Field Airport.
  • About 25,000 cars go by daily.

 

Property Specifications:

  • Price: $1,285,000
  • Cap rate: 8%
  • Lease Term: One year or less
  • Building Size (sf): 20,000 sq. ft.
  • Lot Size: Approximately 2.47 acres
In order to receive more information please complete a buyer’s form or call 314-997-5227. Westwood Net Lease Advisors specializes in many off-market opportunities that can’t be listed online.

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