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2301 S Kingshighway Boulevard
St Louis, MO 63110
Asking Price
$4.80M
Cap Rate
7.5%
Asset Type
Pharmacy/Drug Retail
Class
Class B
What's Special
Retail | 7.50% CAP | 10,635 SqFt <ul><li>The tenant has over 8 years remaining in their initial term with 11 (5-year) options to extend, demonstrating their long-term commitment to the site</li><li>Tenant pays for CAM, taxes, and insurance</li><li>No landlord responsibilities</li></ul>
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NOI
$80,000
Cap Rate
1.67%
DSCR
0.28
Underwater
Cash-on-Cash
-14.23%
Monthly Payment
$23,747.781
Annual Cash Flow
$-204,973.372
