This offering represents an opportunity to acquire a 38,413 Square Foot Retail property. The property is currently occupied by one tenant, Dollar General, which occupies 14,163 Square Feet.
The 24,250 Square Foot space was previously occupied by a fitness user and features 16' Clear Height, 3 docks, over 60 tons of HVAC, 1,200 amp electrical service and an over $1M build-out less than 5 years ago. The building features a new TPO roof, 134 Parking Spaces (3.49/1,000 S.F.) and offers both building and pole signage. The property is junior anchored by Dollar General.
Given the vacancy, the property lends itself well as a redevelopment for a single use owner-occupant, self-storage or value-add shopping center.
The property is located in Holly Hills in South St. Louis, immediately North of Carondelet Park and less than 1/4 mile from I-55.