Jennings Shopping Center Multi-Tenant Asset St. Louis Missouri

Sands Investment Group is Pleased to Present Exclusively For Sale the 141,148 SF Jennings Shopping Center Multi-Tenant Located at 8970- 8990 Jennings Station Rd in St Louis, MO. This Deal Includes 21,840 SF of In-Line Retail With National Tenants and High Vacancy and 119,308 SF of Warehouse Space, Providing For an Upside in Income and Unique Investment.

• Two National Tenants, AutoZone and Little Caesars
• The Center is Across the Street From a McDonald’s and Also Benefits From Walgreens as One of the Outparcels to the Neighborhood Center
• Value-Add With 1 In-Line Vacancy
• 119,308 SF Warehouse, Which Includes Bay Doors
• Historic Tenancy With Over 15+ Years
• Pylon Signage and Frontage on Jennings Station Road Which Sees 16,000+ VPD
• Below Market Rents

In Cooperation With Sands Investment Group Missouri, LLC – Lic. #2019044754 BoR: Tom Gorman Lic. MO #2023012377

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Sands Investment Group is pleased to present this single tenant NNN lease investment opportunity located in St. Louis, Missouri.

• ~9 Years Remaining on an NNN Lease – No Landlord Responsibilities
• Franchisor is Lee’s Famous Recipe, Inc.
• Personal Guarantee From EJG Enterprises, a Rapidly Expanding Local Operator with Plans to Add 15 New Locations In Near Future
• Attractive Annual Rent Escalations of 1.5%
• Excellent Demographics – Over 266,152 Residents Within a 5-Mile Radius of the Restaurant and Daytime Population of 27,283 People
• Strong Drive-By Visibility in Densely Populated Area with Traffic Counts of 36,000 Vehicles Per Day
• Nearby Tenants Include: Rally’s, T-Mobile, Family Dollar, Dollar General, Popeyes, McDonald’s, Walgreens, Save-A-Lot, Advanced Auto Parts and Many More

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Read additional thought leadership content from SIG, specializing in absolute triple net lease opportunities