Cypress Village, Saint Ann - For Sale

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Amie Newton
5 years ago
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10835-10993 ST. CHARLES ROCK ROAD SAINT ANN, MO 63074 DETAILS Sale Price Subject To Offer NOI $186,000 Lot Size 18.

1 ST. CHARLES ROCK ROAD SAINT ANN, MO DETAILS Sale Price Subject To Offer NOI $186,000 Lot Size Acres Building Size 239,128 SF Year Built 1985 Renovated 2002 Zoning B2 & C2 PROPERTY OVERVIEW 240,000 square foot, multi-tenant retail center, consisting of 5 buildings for sale in Saint Ann, Missouri. The property is extremely well located along St. Charles Rock Road, approximately 1/2 mile south of Interstate 70 (I-70) and approximately 3 miles southwest of the Lambert - St. Louis International Airport. The new mixed-use developemt, Crossings At Northwest, is located directly across the street. Other national retailers in close proximity include Home Depot, Walgreen's, Starbucks, and Schnucks. The property is currently 14% occupied by multiple tenants including McDonald's, Hardee's, and Subway, among others. In-place net operating income (NOI) is $186,000. PROPERTY HIGHLIGHTS 240,000 square foot, multi-tenant retail center along St. Charles Rock Road commercial corridor in Saint Ann The property is currently occupied by a mix of national tenants including McDonald's, Hardee's, and Subway Plenty of parking available on-site arubin@ (P) (C) mtarshis@ (P) (C) jjoseph@ (P) (C)

2 FOR SALE LOCATION MAPS (P) (C) (P) (C) (P) (C)

3 FOR SALE AERIAL/PARCEL MAPS (P) (C) (P) (C) (P) (C)

4 Cypress Village Shopping Center St. Charles Rock Road Saint Ann, Missouri $ Rent $ Rent CAM $ CAM $ CAM TAX $ Tax $ Tax Monthly Rent Date Lease Lease Security Suite Tenant # Sq Ft $/Sq Ft Month Year $Sq Ft Month Year $/Sq Ft Month Year Check Increase Increase Commence End Deposit % Vacant 123,248 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Vacant Seasonbox 4, % Vacant 2,811 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % C & M Beauty Supply 6,144 $ 7.75 $ 3, $ 47, $ 1.40 $ $ 8, $ 1.40 $ $ 8, $ 5, $ 3, /01/14 10/01/11 09/30/16 $ 5, JP & Myong Choi $ 8.00 $ 4, /01/15 *Has 1 5-yr w/6-9 mos notice $ 8.25 $ 4, /01/16 $ 8.50 $ 4, /01/17 $ 8.75 $ 4, /01/18 $ 9.00 $ 4, /01/19 $ 9.25 $ 4, /01/ % Vacant 2,750 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Vacant 4,800 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Vacant (Old Fashion Bug-Had Wrong Address on 8,500 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Vacant 1,200 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Sami Ullah Niazi 1,200 $ $ 1, $ 19, $ 1.40 $ $ 1, $ 1.40 $ $ 1, $ 1, $ 1, /01/15 06/01/88 05/31/16 $ 1, Subway #2402 $ $ 1, /01/16 *Has A Three Year Automatic Renewal as Amended. $ $ 1, /01/17 $ $ 1, /01/ % Vacant 7,800 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Vacant 5,200 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Vacant 25,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Vacant 1,760 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Bio-Medical Applications of Missouri 8,595 $ $ 8, $ 103, $ 1.40 $ 1, $ 12, $ 1.40 $ 1, $ 12, $ 10, $ 8, /01/12 09/01/07 11/30/17 $ - $ $ 8, /01/18 *Has Two Five Year Renewal Options w/ 6 Months Notice $ $ 9, /01/19 $ $ 9, /01/20 $ $ 9, /01/21 $ $ 10, /01/22 $ $ 10, /01/23 $ $ 10, /01/24 $ $ 10, /01/25 $ $ 11, /01/26 $ $ 11, /01/ % Vacant 3,520 $ - $ - $ - $ - $ - $ - $ - $ - $ % Army, Navy, Marine Recruiting Office 3,720 $ $ 4, $ 59, $ 1.50 $ $ 5, $ 1.50 $ $ 5, $ 5, $ 4, /01/12 09/30/06 02/29/20 $ - #DACA *Fiscal Year = October 1 - September 30 *Lease Subject to Funding by Congress *Can Cancel Yr to Yr Based on Funding *After August 31, 2007; T can cancel w/ 30 Day Notice *LL maintains all fire saftey equipment, HVAC, Plate Glass, Pest Control 3.714% Vacant 8,500 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ % Cycle Gear 5,200 $ $ 6, $ 81, $ 1.40 $ $ 7, $ 1.40 $ $ 7, $ 8, $ 6, /01/14 09/01/06 02/28/17 $ - $ $ 7, /01/17 *Has One 5 Yr Renwals w/ 4 Month Notice $ $ 7, /01/19 *As of 3/1/12 LL to maintain Exterior Walls per Amendment Hardees HFS Unit # ,301 $ $ 6, $ 80, $ 0.47 $ $ 2, $ 6.58 $ 2, $ 28, $ 6, $ 6, /01/15 07/13/87 07/31/20 $ - Ground Lease $ $ 0.51 *Increase in 8/1/20 $ 7, /01/20 *Has Three 5 Yr. Renewal b/w 3-6 Mo. Notice Taxes $ 8, /1/2025 Store # $ 8, /01/ % McDonald's L/C# ,800 $ $ 4, $ 53, $ 4, $ 4, /10/14 10/02/01 01/09/23 $ - Ground Lease $ $ 4, /10/19 *Pays own taxes & Maintenance $ $ 5, /10/23 *T has 1st right of refusal to purchase $ $ 6, /10/28 *Has Four 5 Yr. Renewals w/ 6 mo. Notice $ $ 6, /10/33 $ $ 7, /10/ % TOTALS 231,673 $ 37, $ 447, $ 3, $ 37, $ 5, $ 63, $ 45, $ 6, Vacant Sq. Footage 199,713 Vacant Percentage 86.20% Annual Income $ 547, Check Figures for Monthly Invoicing Base Rent $ 37, CAM $ 3, Insurance $ - Taxes $ 2, Total Monthly Billing $ 43, Z:\Rent Rolls\Cypress Village Rent Roll /14/2015

FOR SALE DEMOGRAPHICS MAP POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 11,212 75,662 181,321 POPULATION DENSITY 11,212 75,662 181,321 MEDIAN AGE 39.1 37.3 37.6 MEDIAN AGE (MALE) 36.1 36.2 35.

6 FOR SALE DEMOGRAPHICS MAP POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 11,212 75, ,321 POPULATION DENSITY 11,212 75, ,321 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 5,221 32,808 78,597 # OF PERSONS PER HH AVERAGE HH INCOME $47,372 $52,261 $56,861 AVERAGE HOUSE VALUE $101,076 $121,349 $139,872 arubin@ (P) (C) mtarshis@ (P) (C) jjoseph@ (P) (C)

7 FOR SALE ADDITIONAL PHOTOS (P) (C) (P) (C) (P) (C)

For Information Contact: Adam Karras

For Information Contact: Adam Karras EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $1,499,000 Price / SF: $7.37 Price / Acre: $320,985 Lot Size: 4.67 Acres Zoning: SUD-2 Taxes: $4,357.38 PROPERTY OVERVIEW 4.67 acres on Calumet Ave immediately