St Louis, MO 63118,2627 Gravois AVE
St Louis, MO 63118,2627 Gravois AVE
St Louis, MO 63118,2627 Gravois AVE
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$427,000
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2627 Gravois AVE St Louis, MO 63118

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25032261

Property Description

• 2,490 Sq. Ft. Single Story Office Building
• Zoned F, Neighborhood Commercial
• Leased to TitleMax thru 12/31/2027
• Full Triple Net Lease
• .29 acres with 13 car lot
• Valuation on 9% CAP rate.
• Tenant has one additional 3 yr option (1/1/2028-12/31/2030) w/ 8% increase (Tenant has picked up 3 options already)
• Top grossing TitleMax in Missouri.
• TitleMax is the largest and most successful performer in the title loan space with over 1000 locations nationwide.
• High traffic intersection on Gravois at Jefferson, 5000+ VPD.

Location

State MO

County St Louis City

Area 3 - South City

Interior

Fireplace N

Building

Structure Type Unknown

Others

Acceptable Financing 1031 Exchange, Cash, Contract

Listing Terms 1031 Exchange, Cash, Contract

Special Listing Condition Standard


Listed by Mike Wotka • Wotka Realty LLC

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agent

Danielle Jordan

Broker/Salesperson

+1(573) 308-5933

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2627 Gravois AVE