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7570 Watson, Saint Louis, MO 63119$2,995,000.00

Subdivision: Kenneth Mackenzie Sub Days on Site: 158 MLS#: 22013555 View Map

Comments for 7570 Watson, Saint Louis, MO 63119

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.

Property Type: Commercial - Retail Parcel#: 24J-44-0111
Cooling: Electric Parking: Asphalt
Current Use: Freestanding, Retail Strip Center, Convenience Store, Retail, Shopping Center Road Frontage: City Street
Days on Site: 158 Sewer: Public Sewer
Electric: Ameren Taxes: $25,367
Heating: Forced Air Water: Public
Lot Dimensions: 0 Year Built: 1985
Lot Size: 1.67 Acres  
School District: Shrewsbury

Listed By

Agency Name: Manor Brokerage, LLC

Shown By

Agency Title: Realty Executives
Agency Phone: 636-677-6800

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Mortgage Payment Calculation for 7570 Watson, Saint Louis, MO 63119

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  • years/fixed
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  • yearly (estimated)
  • Est. Payment: $15,849.70 / per month

(Payments are an estimate and may vary by lender)
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