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Shopping Strip

Prairie Dell Plaza

43 Prairie Dell Plaza Dr, Union, MO 63084

Listing Price: $1,350,000

Cap Rate
9.01%
Gross SF
9,600
Rentable SF
9,600
Price/Gross SF
$140.62
Lot Size
1.38 acres
Year Built
2000

Investment Overview

Marcus & Millichap is pleased to present the Prairie Dell Plaza, anchored by the United States Social Security Administration, located at 43 Prairie Dell Plaza in Union, Missouri. Built in 2000 and renovated in 2012, the property consists of approximately 9,600 square feet of rentable space on 1.38 acres and is currently 100 percent occupied by three tenants. The SSA occupies 7,200 square feet, representing 75 percent of the property’s GLA, and has operated at the location since 2012 following a more than $200,000 build-out.

The property benefits from a strong location less than one-half mile from U.S. Highway 50 and is surrounded by national and regional retailers including Walmart Supercenter, Dollar Tree, Aldi, Tractor Supply, Burger King, AT&T, as well as East Central College. Union serves as the county seat of Franklin County, which has a population exceeding 105,000 and is one of the largest geographic counties within the St. Louis MSA. The SSA serves Franklin County and surrounding communities, with the nearest additional SSA office approximately 30 miles away.

Investment Highlights

  • Fully Occupied Three-Suite Retail Center | 100 Percent Occupancy
  • Social Security Administration Anchored | 75 Percent of GLA
  • U.S. Government-Backed Tenant | S&P AA+ Credit Rating
  • Only SSA Office Within Approximately 30 Miles
  • Surrounded by Walmart, Dollar Tree, Tractor Supply, Aldi, East Central College & Other National/Regional Retailers

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

Shopping Strip

Prairie Dell Plaza

Listing Price: $1,350,000

Cap Rate
9.01%
Gross SF
9,600
Rentable SF
9,600
Price/Gross SF
$140.62
Lot Size
1.38 acres
Year Built
2000

Investment Highlights

  • Fully Occupied Three-Suite Retail Center | 100 Percent Occupancy
  • Social Security Administration Anchored | 75 Percent of GLA
  • U.S. Government-Backed Tenant | S&P AA+ Credit Rating
  • Only SSA Office Within Approximately 30 Miles
  • Surrounded by Walmart, Dollar Tree, Tractor Supply, Aldi, East Central College & Other National/Regional Retailers

Investment Overview

Marcus & Millichap is pleased to present the Prairie Dell Plaza, anchored by the United States Social Security Administration, located at 43 Prairie Dell Plaza in Union, Missouri. Built in 2000 and renovated in 2012, the property consists of approximately 9,600 square feet of rentable space on 1.38 acres and is currently 100 percent occupied by three tenants. The SSA occupies 7,200 square feet, representing 75 percent of the property’s GLA, and has operated at the location since 2012 following a more than $200,000 build-out. The property benefits from a strong location less than one-half mile from U.S. Highway 50 and is surrounded by national and regional retailers including Walmart Supercenter, Dollar Tree, Aldi, Tractor Supply, Burger King, AT&T, as well as East Central College. Union serves as the county seat of Franklin County, which has a population exceeding 105,000 and is one of the largest geographic counties within the St. Louis MSA. The SSA serves Franklin County and surrounding communities, with the nearest additional SSA office approximately 30 miles away.

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

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