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$1,050,000
Est. payment /mo
0.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision St Andrews Apt
MLS Listing ID 26042524
Year Built 1975
Annual Tax Amount $6,606
Lot Size 0.591 Acres
Acres 0.5909
Property Description
This fully leased multi-tenant retail plaza is a rare opportunity in the highly desirable Saint Charles market. Located along Campus Drive, this established multi-tenant property consists of eight occupied storefronts serving a diverse mix of local businesses, including restaurant, wellness, professional services, chiropractic, beauty, and personal care tenants.
The property generates $103,455 in annual gross rental income and delivers a strong Net Operating Income (NOI) of $86,848, providing investors with immediate cash flow and stable in-place tenancy. Monthly rents include CAM reimbursements, helping support consistent operating performance and expense recovery.
Strategically positioned in a growing commercial corridor with convenient access to major thoroughfares, the plaza benefits from strong visibility, ample parking, and a tenant roster that serves the surrounding residential and business communities. The diversified tenant mix reduces vacancy risk while creating a dependable income stream for investors seeking a stabilized asset.
Whether you are completing a 1031 exchange, expanding your investment portfolio, or seeking a management-friendly commercial asset, this neighborhood retail center offers an attractive combination of income, stability, and upside potential. Offered For Sale – Contact Listing Agent for Pricing, Financials, and Showing Information.
The property generates $103,455 in annual gross rental income and delivers a strong Net Operating Income (NOI) of $86,848, providing investors with immediate cash flow and stable in-place tenancy. Monthly rents include CAM reimbursements, helping support consistent operating performance and expense recovery.
Strategically positioned in a growing commercial corridor with convenient access to major thoroughfares, the plaza benefits from strong visibility, ample parking, and a tenant roster that serves the surrounding residential and business communities. The diversified tenant mix reduces vacancy risk while creating a dependable income stream for investors seeking a stabilized asset.
Whether you are completing a 1031 exchange, expanding your investment portfolio, or seeking a management-friendly commercial asset, this neighborhood retail center offers an attractive combination of income, stability, and upside potential. Offered For Sale – Contact Listing Agent for Pricing, Financials, and Showing Information.
Location
State MO
County St. Charles
Area 403 - St. Charles
Interior
Fireplace N
Exterior
View Y/N No
Building
Structure Type Concrete
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Private, Special Funding
Listing Terms 1031 Exchange, Cash, Conventional, Private, Special Funding
Special Listing Condition Standard
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Listed by Karan Madra • Worth Clark Realty
NEARBY SCHOOL & BUSINESS
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