For investors seeking a well-positioned value-add asset with a strong foundation already in place, this recently renovated retail property delivers on multiple fronts. With new electrical systems, HVAC, roof, plumbing, and parking lot, the capital-intensive work is done — leaving an incoming owner to focus on what matters most: lease-up and value creation.

The property currently sits at 31% occupancy with existing leases running through March 2029, providing a stable income baseline while leaving the majority of the building open for repositioning. Anchoring that income is a corporate NNN lease with ACE Cash Express — a reliable, low-management tenant that provides predictable cash flow as the remaining space is absorbed. It’s the kind of tenancy that stabilizes the downside while the upside story unfolds.

The location itself is exceptional. Positioned at a signalized hard corner with daily traffic exposure exceeding 20,000 vehicles, the property enjoys the kind of visibility that retailers and service users actively seek. Signalized intersections drive customer accessibility and dwell time — two factors that make leasing conversations significantly easier for an ownership group actively backfilling space.

The surrounding trade area is equally compelling. With 289,459 residents within a five-mile radius and an average household income surpassing $91,000, the demographics reflect an affluent, dense consumer base with real spending power. Add in a 25-minute drive time to both downtown St. Louis and Lambert International Airport, and the property’s regional connectivity becomes another selling point for prospective tenants.

Renovated, stabilized, and surrounded by a strong demographic — this hard corner opportunity offers a clear and executable path to meaningful returns for a patient, strategic investor.