Shopping Strip
Ridgecrest Crossing
1266 Jeffco Blvd, Arnold, MO 63010
Listing Price: $10,340,000
Investment Overview
100% Occupied, 19,699 SF Single-Tenant Medical + 4-Tenant NNN Strip Offering in Arnold, MO (St. Louis MSA). SSM Health Primary Care & Urgent Care – Occupies Entire 12,564 SF Strip Center Building as
a Single Tenant on an NNN Lease. 7,135 SF Nationally-Tenanted Strip Center with 4 Tenants is 36% of GLA and Contributes 34% of Offering Gross Income. 7.5 Years WALT; Positioned in Shadow of Top
Performing Walmart Supercenter (#2 of 121 in MO, Top 5% Nationally, 3.2M Annual Visits) & Schnucks
Grocery. Prime Hard Corner Location – 25,400 VPD Intersection; Directly Between Highway Exit and Primary Entry/Roadway to both Schnucks & Walmart. Just 0.6-Mi from I-55 Exit Ramps at Highway 141;
I-55 Sees 94,500 VPD & Highway 141 Sees 19,900 VPD.
Ridgecrest Crossing
Investment Highlights
- 100% Occupied, 19,699 SF Single-Tenant Medical + 4-Tenant NNN Strip Offering in Arnold, MO (St. Louis MSA)
- SSM Health Primary Care & Urgent Care – Occupies Entire 12,564 SF Strip Center Building as a Single Tenant on an NNN Lease
- Separately Parceled with Defined NNN PRS of 100% of Building 1 Expenses; Facilitating Ease of Spin-Off if Desired
- 64% of GLA & Contributes 66% of Offering Gross Income; Nearly 9 Years of Term Remaining with Scheduled $18K Rent Increase in 2030
- 7,135 SF Nationally-Tenanted Strip Center with 4 Tenants is 36% of GLA and Contributes 34% of Offering Gross Income
- All NNN Leases with 100% Recovery of Landlord Tax, Insurance, and CAM Expenses
- No Single Strip Center Tenant is Responsible for More Than 28% of Strip Center Gross Income or 10% of Overall Offering Gross Income
Listing Price: $10,340,000
Investment Highlights
- 100% Occupied, 19,699 SF Single-Tenant Medical + 4-Tenant NNN Strip Offering in Arnold, MO (St. Louis MSA)
- SSM Health Primary Care & Urgent Care – Occupies Entire 12,564 SF Strip Center Building as a Single Tenant on an NNN Lease
- Separately Parceled with Defined NNN PRS of 100% of Building 1 Expenses; Facilitating Ease of Spin-Off if Desired
- 64% of GLA & Contributes 66% of Offering Gross Income; Nearly 9 Years of Term Remaining with Scheduled $18K Rent Increase in 2030
- 7,135 SF Nationally-Tenanted Strip Center with 4 Tenants is 36% of GLA and Contributes 34% of Offering Gross Income
- All NNN Leases with 100% Recovery of Landlord Tax, Insurance, and CAM Expenses
- No Single Strip Center Tenant is Responsible for More Than 28% of Strip Center Gross Income or 10% of Overall Offering Gross Income
Investment Overview
100% Occupied, 19,699 SF Single-Tenant Medical + 4-Tenant NNN Strip Offering in Arnold, MO (St. Louis MSA). SSM Health Primary Care & Urgent Care – Occupies Entire 12,564 SF Strip Center Building as a Single Tenant on an NNN Lease. 7,135 SF Nationally-Tenanted Strip Center with 4 Tenants is 36% of GLA and Contributes 34% of Offering Gross Income. 7.5 Years WALT; Positioned in Shadow of Top Performing Walmart Supercenter (#2 of 121 in MO, Top 5% Nationally, 3.2M Annual Visits) & Schnucks Grocery. Prime Hard Corner Location – 25,400 VPD Intersection; Directly Between Highway Exit and Primary Entry/Roadway to both Schnucks & Walmart. Just 0.6-Mi from I-55 Exit Ramps at Highway 141; I-55 Sees 94,500 VPD & Highway 141 Sees 19,900 VPD.
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