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10768 W Florissant Ave

10768 W Florissant Ave, St. Louis, MO 63136
Available Now
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FOR SALERetail / Gas Station
Cap Rate
5.81%
NOI
$432,072
Building Size
6,172SF
Lot Size
2.17Ac
Year Built
2013
Occupancy
100%
Listing Contacts
Managing Principal

More property details

Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
No of Buildings
1
No of Stories
1

Location

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10768 W Florissant Ave
About the location

This offering represents an exceptional single-tenant investment opportunity backed by a corporate guarantee from QuikTrip, a nationally recognized operator with more than 1,100 locations, approximately $19 billion in annual revenue, and a presence across 20 states. The property is fee simple, providing full ownership of both land and improvements, and may qualify for bonus depreciation (buyers should consult a tax professional). The lease structure includes attractive 10% rent increases every five years throughout the primary term and option periods. The site features a high-performing convenience store with 16 fueling lanes on an oversized 2.17-acre parcel and has benefited from over 12 years of successful operations at this location, ranking above average among QuikTrip stores nationwide per Placer.ai. Strategically located in a dense infill area of St. Louis, Missouri, the property serves a population of more than 246,000 residents and over 99,000 households within a five-mile radius, with strong visibility along Florissant Avenue, which sees more than 34,000 vehicles per day, and close proximity to Interstate 270 with traffic exceeding 134,000 vehicles daily. Positioned within a dominant retail corridor adjacent to major national retailers, the location is further supported by strong consumer spending patterns, with transportation fuel and maintenance representing the second-highest expenditure category within one mile. The asset is also conveniently located just 14 minutes from downtown St. Louis, enhancing its accessibility and long-term viability.

10768 W Florissant Ave
6,172 SF · retail · United States · MO