Auto Parts
Automotive Portfolio | 8 Assets in the St. Louis MSA
6212 N Illinois St, Fairview Heights, IL 62208
Listing Price: Request For Offer
Investment Overview
As the Exclusive Representative, Marcus & Millichap is proud to offer qualified investors the rare opportunity to acquire a well-positioned single tenant automotive repair portfolio comprised of eight (8) assets throughout the St. Louis MSA. The properties are subject to individual double-net leases with a current total Net Operating Income of $927,106. The portfolio encompasses ±50,742 square feet with an average rental rate of $18.27 per square foot. This portfolio provides an excellent opportunity to acquire a group of high-quality, net leased assets located in one of the most desirable markets in the country and 100 percent leased with sustainable rent.
Automotive Portfolio | 8 Assets in the St. Louis MSA
Investment Highlights
- Corporate Leases with a Market Leader — Tire Choice is Part of the Monro, Inc. Family of Brands (NASDAQ: MNRO), which Operates Over 1,100 Service Locations across the United States
- Well Established Locations — The Portfolio Benefits from Long-Standing Tenant Occupancy, Demonstrating Strong Commitment to the Sites and Operational Stability
- Strong Real Estate Fundamentals & Attractive Demographic Profiles — Every Asset within the Portfolio is Situated within the St. Louis Metropolitan Area Along a Busy Local or Regional Thoroughfare
Exclusively Listed By
Broker of Record
-
Steven Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
Auto Parts
Automotive Portfolio | 8 Assets in the St. Louis MSA
Listing Price: Request For Offer
Investment Highlights
- Corporate Leases with a Market Leader — Tire Choice is Part of the Monro, Inc. Family of Brands (NASDAQ: MNRO), which Operates Over 1,100 Service Locations across the United States
- Well Established Locations — The Portfolio Benefits from Long-Standing Tenant Occupancy, Demonstrating Strong Commitment to the Sites and Operational Stability
- Strong Real Estate Fundamentals & Attractive Demographic Profiles — Every Asset within the Portfolio is Situated within the St. Louis Metropolitan Area Along a Busy Local or Regional Thoroughfare
Investment Overview
As the Exclusive Representative, Marcus & Millichap is proud to offer qualified investors the rare opportunity to acquire a well-positioned single tenant automotive repair portfolio comprised of eight (8) assets throughout the St. Louis MSA. The properties are subject to individual double-net leases with a current total Net Operating Income of $927,106. The portfolio encompasses ±50,742 square feet with an average rental rate of $18.27 per square foot. This portfolio provides an excellent opportunity to acquire a group of high-quality, net leased assets located in one of the most desirable markets in the country and 100 percent leased with sustainable rent.
Exclusively Listed By
Broker of Record
-
Steven Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
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