- For Sale $1,675,000
- Property Type Retail - Freestanding
- Property Size 19,465 SF
- Lot Size 5.8 Acre
- Property Tenancy Multi-Tenant
- Year Built 2002
- Date Updated Mar 8, 2024
tbdTrinity Real Estate Investment Services is pleased to present the opportunity to acquire a 20,000-square-foot, fully occupied, multi-tenant plaza in Gerald, MO. This strategically located asset with essential needs-based tenants provides an extremely stable and consistent cash flows for investors.
Broker of Record - Brian Brockman - (513) 898-1551 - Bang Realty-Missouri Inc - MO#2017032771
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Highlights
- 100% Occupied Gerald Plaza, Mixed Tenant Essential Needs Retail Center
- Strong Tenant Mix Which Have Been in the Center for 10+ Years, Tenants Include Citizens Bank, Medley Pharmacy, Gerald Dental, Retro Bob's Antique and Mercy Clinic - Family Med
- Development Land, Large 5.8 Acre Site Includes Commercially Zoned Excess Ground Available for Development
- Value-Add Opportunity: Retro Bob's Antique Will not be Extending Lease When it Comes due May 1st, Allowing the Opportunity to Increase NOI with a Market-Rent Lease-up of up to 3,000 SF
- Ample Parking Lot & Dual Point to Entry to Accommodate Various Tenant Customers
- Excellent Visibility of the Center From US-50 & Direct Access to US-50/Fitzgerald, the Main Thoroughfare Through the City of Gerald
- Subject Property is Situated Directly Across Gerald Elementary School, Surrounding Western Franklin and Eastern Gasconade Counties
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Contacts
Location
Getting Around
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Walk Score ®
22/100
Car-Dependent
-
Bike Score ®
34/100
Somewhat Bikeable
Powered by Walk Score ®
- City Gerald, MO
- Neighborhood Gerald
- Zip Code 63037
- Market St Louis
Points of Interest
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Walmart Supercenter
8.24 miles
Frequently Asked Questions
What is the lease rate for Gerald Plaza?
Rental asking rate at Gerald Plaza is $837,500.00/YR.
What is the total square footage of Gerald Plaza?
Gerald Plaza totals 19,465 square feet.
When was this property built?
Gerald Plaza was built in 2002.
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