737 North Highway 67

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737 North Highway 67

Florissant, MO 63031
Asking Price
$4.47M
Cap Rate
8.5%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

FOR SALE | Florissant Plaza: Stabilized Retail Asset in High Traffic Corridor | 100% Leased <p><strong>High Traffic Dynamic Trade Area </strong></p><p>Florissant Plaza is located along Lindbergh Blvd., in what is widely considered one of St Louis’ most vibrant retail nodes. The subject trade area spans roughly 4-miles along Lindbergh between I-270 and New Halls Ferry Rd. and includes approximately 2.4 million square feet of retail development currently 94% leased. The trade area is primarily recognized for having a dense residential population and producing some of the MSA’s highest re

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NOI
$80,000
Cap Rate
1.79%
DSCR
0.30
Underwater
Cash-on-Cash
-13.82%
Monthly Payment
$22,102.317
Annual Cash Flow
$-185,227.805

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