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$ 427,000
Est. payment /mo
Active
2627 Gravois AVE St Louis, MO 63118
UPDATED:
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.
• 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