Call Us Today: 760 930 7931

Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement

Agreement

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.

Submit Offer

Starbucks

15548 Olive Blvd, Chesterfield, MO, 63017
For Sale

Property Details

  • Price: $3,357,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 5.50%
  • Lot Size: 1.13 AC
  • Lease Type: Single Tenant NNN
  • Year Built: 2023
  • Parking: 27
  • Tenancy: Single Tenant
  • Available SF: 2,030 SF

Property Description

SECURE INCOME

• Brand New 10-Yr. Lease, Rare Tenant-Maintained Parcel, Landlord Only Responsible for Roof and Structure
• Brand New Roof with 20-Yr. Manufacturer’s Warranty
• Corporate Guaranteed Lease (NASDAQ: SBUX), $32.3 Billion Net Revenue in 2022, a 10.98% Increase Over 2021
• Investment Grade Credit Rated Tenant (S&P: BBB+)
• Starbucks Plans to Open 2,000 New Stores Between 2023-2025
• High-Barrier to Entry Market, Drive-Thru Permits No Longer Issued in Chesterfield

PROXIMITY

• 114,315 Residents in Primary Trade Area with an Average Household Income of $183,158
• Excellent Access and Visibility to 210,847 VPD
• Significant Daytime Population of 142,196, Chesterfield is One of the Most Sought-After Office Markets in St. Louis
• Adjacent to $2.5 Billion Worth of Approved Developments
• Wildhorse Village is a $500 Million 80-Acre Mixed Use Project with 1M SF of Commercial Space and 635 Residential Units
• Downtown Chesterfield is a $2 Billion Mixed Use Project that will Include 2,500 Apartments and Thousands of Square-Feet of Commercial Space
• 3,084 Business in Chesterfield, Major Employers Include Mercy Hospital, Parkway School District, Monsanto, Delmar Gardens and Reinsurance Group of America
• 3 Miles to Maryville University with 10,000 Students and 1,602 Employees
• Minutes to Mercy Hospital, a 859-Bed Facility with 6,500 Employees and Over 730,000 Annual Visits
• Just Off I-64 with 139,000 VPD, 20 Miles to Downtown St. Louis

Download File

Download File

Download Offering Memorandum

3D Tour

Offering Memorandum
Share this property

Request Information


Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

>