Shopping Strip
Pacific Plaza
522 E Osage St, Pacific, MO 63069
Listing Price: $1,950,000
Investment Overview
Marcus & Millichap St. Louis is pleased to present Pacific Plaza listed at a market-friendly 9.56% CAP rate. Pacific Plaza is a 37,106 SF Neighborhood Center consisting of 11 bays that is currently 92.5% Occupied. The building is located on E Osage St., the main thoroughfare running through Pacific, MO, which begins in Eureka, MO.
The Center consists of a mix of national and mom-and-pop tenants, with a combination of NNN and gross leases. The building was renovated in 2022 with a new parking lot, roof, HVAC, LED lights, electrical panels, and awning.
Pacific is a growing suburb of the greater Saint Louis MSA. This center presents a wonderful opportunity for a buyer to add value to the property by leasing up the remaining 2,775 SF vacancy of retail frontage. Investors could also take advantage of increasing existing tenant's rents to market rates and incorporate taxes/insurance/CAM charges into the leases at renewal.
There are 83,9127 people living within 10 miles of the property and that number is growing at a high rate as St. Louisans are consistently migrating from the urban core to West St. Louis suburbs since COVID. Pacific, MO has had a steady increase in population growth for years, and is about 35 miles from St. Louis City.
Don't miss your opportunity to invest, and add-value in Pacific Plaza!
Investment Highlights
- New 2022 Roof
- New 2022 Parking Lot
- New 2022 HVAC
- New 2022 LED Lights
- New 2022 Electrical Panels
- New 2022 Owning/Facade
- Value-Add with Strong In-Place Cash-On-Cash Return
Exclusively Listed By
Financing By
Listing Price: $1,950,000
Investment Highlights
- New 2022 Roof
- New 2022 Parking Lot
- New 2022 HVAC
- New 2022 LED Lights
- New 2022 Electrical Panels
- New 2022 Owning/Facade
- Value-Add with Strong In-Place Cash-On-Cash Return
Investment Overview
Marcus & Millichap St. Louis is pleased to present Pacific Plaza listed at a market-friendly 9.56% CAP rate. Pacific Plaza is a 37,106 SF Neighborhood Center consisting of 11 bays that is currently 92.5% Occupied. The building is located on E Osage St., the main thoroughfare running through Pacific, MO, which begins in Eureka, MO. The Center consists of a mix of national and mom-and-pop tenants, with a combination of NNN and gross leases. The building was renovated in 2022 with a new parking lot, roof, HVAC, LED lights, electrical panels, and awning. Pacific is a growing suburb of the greater Saint Louis MSA. This center presents a wonderful opportunity for a buyer to add value to the property by leasing up the remaining 2,775 SF vacancy of retail frontage. Investors could also take advantage of increasing existing tenant's rents to market rates and incorporate taxes/insurance/CAM charges into the leases at renewal. There are 83,9127 people living within 10 miles of the property and that number is growing at a high rate as St. Louisans are consistently migrating from the urban core to West St. Louis suburbs since COVID. Pacific, MO has had a steady increase in population growth for years, and is about 35 miles from St. Louis City. Don't miss your opportunity to invest, and add-value in Pacific Plaza!
Exclusively Listed By
Financing By

