ST. LOUIS, MO-– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for the lease for a 53,411-square foot Shop ‘n Save in St. Louis.The listing price of $11.85 million represents $222 per square foot.
John Perry, an investment specialist in the Dallas office of Marcus & Millichap, is representing the seller.
“This property features a newly executed 20-year triple-net lease, backed by a corporate guaranty through a $44 billion BB-rated company,” says Perry.
John Perry, an investment specialist in the Dallas office of Marcus & Millichap, is representing the seller.
“This property features a newly executed 20-year triple-net lease, backed by a corporate guaranty through a $44 billion BB-rated company,” says Perry.
Located at 1144 Meramec Station Road, the single-tenant building was constructed in 2007 and is situated on 6.7 acres. The offering includes an existing cell tower leased to 
Global Tower, LLC.
Global Tower, LLC.Press Contact: Stacey Corso
Communications Department
(925) 953-1716
Communications Department
(925) 953-1716
No comments:
Post a Comment