Ted Wight
Dielmann Sotheby's International Realty
7570 Watson 7570 Watson St. Louis, Missouri 63119 United States
7570 Watson St. Louis, Missouri 63119 United States
$2,995,000
Commercial1 of 16
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Listing Courtesy of Manor Brokerage, LLC Fully-occupied shopping center now available for sale!Route 66 Plaza is an established 14,876 square foot shopping center comprised of 5 tenants. The center was built in 1985 and occupies 1.57 acres. Route...
- 1.67 Acres
- Exterior
- Commercial
- Property type
- 1985
- Year Built
- 22013555
- Web Id
- 22013555
- MLS ID
- Kenneth Mackenzie Sub
- Subdivision
- $25,367
- Annual taxes
About 7570 Watson
Listing Courtesy of Manor Brokerage, LLC
Fully-occupied shopping center now available for sale!Route 66 Plaza is an established 14,876 square foot shopping center comprised of 5 tenants. The center was built in 1985 and occupies 1.57 acres. Route 66 Plaza includes a renovated storefront façade and pylon sign along Watson Road.This stabilized retail asset represents an ideal 1031 exchange opportunity given the low maintenance construction of the building, NNN lease structures in place, and attractive CAP rate. The existing tenants have an average of 4 years remaining of the lease term. Below-market rents present a value-add opportunity for future ownership.
Fully-occupied shopping center now available for sale!Route 66 Plaza is an established 14,876 square foot shopping center comprised of 5 tenants. The center was built in 1985 and occupies 1.57 acres. Route 66 Plaza includes a renovated storefront façade and pylon sign along Watson Road.This stabilized retail asset represents an ideal 1031 exchange opportunity given the low maintenance construction of the building, NNN lease structures in place, and attractive CAP rate. The existing tenants have an average of 4 years remaining of the lease term. Below-market rents present a value-add opportunity for future ownership.
features
- cooling
- Electric, Propane Heating
PROPERTY INFORMATION
- Cooling
- Electric
- Heating
- Forced Air
- Parking Description
- Asphalt
- Sewer
- Public Sewer
- Water
- Public
Listing Courtesy of Manor Brokerage, LLC
Ted Wight
Phone: +1 314.725.0009
Mobile: +1 314.607.5555
8301 Maryland Avenue
Suite 100 St. Louis, Missouri 63105 United States
Listing Courtesy of Manor Brokerage, LLC
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