5324 Virginia Avenue

    St Louis, MO 63111
    • $379,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 19062076
    UPDATED: 110 min ago
    $379,000
    • 0
      BEDS
    • 1.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Family Dollar is now available in Saint Louis, MO a golden opportunity for investors Very strong Tenant. Ideal 1031 exchange property Year Built in 1990 Long-term lease with Options. Larger 9,100 SF "Family Dollar Extremely strong corporate guarantee from Family Dollar rent increase in base term of the lease; cap rate will increase to up to 16.453% at the last option term. Rent increases are an excellent hedge against inflation The subject property is located close to Highway 55 which sees approximately 68,400 vehicles daily Strong demographics: more than 51,308 residents in a 3-mile radius Strong demographics: more than 112,696 residents in a 5-mile radius

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-09-16T23:49:29.417.

    Clarity Street Realty: 314-963-7300
    www.claritystreetrealty.com/homes/98071226

    5324 Virginia Avenue St Louis, MO 63111

    • Price: $379,000
    • Status: Active
    • Updated: 110 min ago
    • ID#: 19062076
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.18
    Acres
    1950
    Built
    Neighborhood:
    City/Louis
    County:
    St Louis City
    Area:
    South City
    Property Description
    Family Dollar is now available in Saint Louis, MO a golden opportunity for investors Very strong Tenant. Ideal 1031 exchange property Year Built in 1990 Long-term lease with Options. Larger 9,100 SF "Family Dollar Extremely strong corporate guarantee from Family Dollar rent increase in base term of the lease; cap rate will increase to up to 16.453% at the last option term. Rent increases are an excellent hedge against inflation The subject property is located close to Highway 55 which sees approximately 68,400 vehicles daily Strong demographics: more than 51,308 residents in a 3-mile radius Strong demographics: more than 112,696 residents in a 5-mile radius
    Exterior Features

    Building Type 1 Story Exterior Combination Land Info Included Parking Description Lighted ParkingPaved Asphalt Road Access City Street Road Frontage 177 Unit Location City

    Interior Features

    Cooling Central-Electric Heating Forced Air Interior Walls Combo

    Property Features

    Association St. Louis Association of REALTORS Commercial Property Type Retail Conditions Unknown Current Use Retail Disclosures Sellers Discl. Avail Electric Service 220 V Gross Operating Income 44000.00 Net Income 31000.00 Possible Buyer Fees YN No Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Listing Conditions None Tax Year 2018 Taxes Paid 9188 Total Expenses 13000.00 Utilities Available ElectricGasWaterSewer Water Public Zoning F

    Listing provided courtesy of A & M Realty Inc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-09-16T23:49:29.417.

    Clarity Street Realty: 314-963-7300
     
    Clarity Street Realty
    1712 S. Big Bend Blvd
    St. Louis MO, 63117