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Savers | 2601 Highway K

2601 State Hwy K, O'Fallon, MO 63368
Available Now
$7,000,000
35 views
FOR SALERetail / Convenience Store
Cap Rate
6.63%
NOI
$464,000
Building Size
38,685SF
Lot Size
4.24AC
Year Built
2007
Year Renovated
2026
Listing Contacts
Managing Director - Investment Sales

More property details

APN
2-0067-A407-00-000A.0000000
Occupancy
100%
Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
No of Buildings
1
No of Stories
1
Ownership
Fee Simple

Location & transit

Savers | 2601 Highway K
Getting around

Airport

About the location

Current Real Estate Advisors presents an opportunity to acquire Savers, a ±38,685 SF freestanding retail property situated on approximately 4.24 acres in O’Fallon, Missouri, within the St. Louis MSA. The Property occupies a highly strategic position along State Highway K, which sees more than 33,500 vehicles per day and provides convenient connectivity to I-70 to the north and I-64 to the south, offering direct access to Downtown St. Louis. The asset is supported by a newly executed net lease featuring approximately 10 years of initial term, scheduled rent increases, and three 5-year renewal options, demonstrating the tenant’s long-term commitment to the location. The lease is corporately guaranteed by Savers Value Village, Inc. (NYSE: SVV), providing investors with the strength and transparency of a publicly traded tenant. With limited landlord responsibilities, the NNN structure offers predictable, passive cash flow and an attractive hedge against inflation. Savers has also invested more than $3 million in capital improvements, including a new loading dock with roll-up doors and an industrial-grade waste management system. Located in a highly desirable O’Fallon market with an average household income of approximately $131,342 within three miles, the Property combines strong demographics, durable income, significant tenant investment, and an oversized parcel offering potential long-term reversion value.

Transit data provided by Google. Times and distances are estimates.

Savers | 2601 Highway K
38,685 SF · retail · O'Fallon · MO