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302 State Rte 161
Albers, IL 62215

$1,872,000 USD

General Retail For Sale  •  9,026 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,026 SF
  • Lot Size 1.19 AC
  • Building Class B
  • Year Built 2026
  • Cap Rate 6.50 %
  • Tenancy Single
10 Walk Score

Highlights

Located in the St. Louis MSA approximately thirty miles from Downtown St. Louis
Long-term lease with 15 years remaining
Brand-new construction store scheduled to open in July 2026
5% rental increases every five years
Extremely affluent area with average annual household income of approximately $130,000 within three miles
Absolute triple net lease with no landlord responsibilities

Property Flyers

Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 9,026 SF

Public Transportation

AirportDriveWalkDistance
Scott AFB/Midamerica St Louis 28 min - 15.5 mi
Zach Wright 720-604-2220 The Boulder Group
Zach Wright 720-604-2220 The Boulder Group