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12440-12450 Lusher Rd

6,975 SF 100% Leased Retail Building Saint Louis, MO 63138 $1,012,550 CAD ($145 CAD/SF) 9.75% Cap Rate

INVESTMENT HIGHLIGHTS

  • Great exposure to Lusher Road and Highway 367
  • 31,853 VPD on Highway 367
  • Located in Unincorporated St. Louis County
  • Surrounding Businesses include: Walgreens, Bank of America, Shop N' Save, Dollar General & New QuikTrip
  • Metro Transit access directly in front of building
  • MG charges estimated at $1.80 PSF

EXECUTIVE SUMMARY

Great exposure to Lusher Road and Highway 367. Surrounding Businesses include: Walgreens, Bank of America, Shop N' Save, Dollar General & New QuikTrip. 31,853 VPD on Highway 367. Metro Transit access directly in front of building. Located in Unincorporated St. Louis County. MG charges estimated at $1.80 PSF

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
6,975 SF
Building Class
C
Year Built
1990
Price
$1,012,550 CAD
Price Per SF
$145 CAD
Cap Rate
9.75%
NOI
$98,724 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.82 AC
Zoning
C-8 - Planned Commercial District
Parking
5 Spaces per 1,000 SF Leased

NEARBY MAJOR RETAILERS

Bank of America
Commerce Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07E-13-0253
  • 07E-13-0297
Land Assessment
$123,474 CAD
Improvements Assessment
$129,645 CAD
Total Assessment
$253,119 CAD
  • Listing ID: 25893994

  • Date on Market: 2022-06-09

  • Last Updated:

  • Address: 12440-12450 Lusher Rd, Saint Louis, MO 63138

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