Agent Photo
Jeffrey P. Warner
Dielmann Sotheby's International Realty
Dielmann Sotheby's International Realty home
5711 Lindbergh South

5711 Lindbergh South
5711 Lindbergh South St. Louis, Missouri 63123 United States

$3,750,000
 Get directions
 
Listing Courtesy of Realty Shop 9.5 CAP RATE Fee simple interest in a single tenant net-leased retail property at 5711 South Lindbergh Boulevard. This subject property was originally built as a Rothman Furniture based here in Saint Louis for over...
­
Listing Courtesy of Realty Shop
$3,750,000
Price / Sq. Ft.:
$90
41,548 Sq Ft.
Interior
3.37 Acres
Exterior
Commercial
Property Type
20007378
Web Id
20007378
MLS ID
Jonas Ochs Homestead
Subdivision
Lindbergh
School District
15
days ago

About 5711 Lindbergh South

Listing Courtesy of Realty Shop

9.5 CAP RATE Fee simple interest in a single tenant net-leased retail property at 5711 South Lindbergh Boulevard. This subject property was originally built as a Rothman Furniture based here in Saint Louis for over 90 years. Flash forward to late 2018 Rothmans CEO merged and sold his retail operations to billion dollar furniture retail operator Art Van Furniture. This exchange allows Saint Louis to now to carry more furniture lines faster and appeal to a larger demographic in our local market and growing. In early 2019, in their planned goal to expand their number of corporate stores nationwide, Art Van bought the retail business and signed new NNN 5-5 YEAR TERM corporate leases with four more five year terms remaining there after. Art Van now owned by private equity giants THLEE is thriving at these locations and is now looking for 2 more opportunities here in St. Louis in a need to expand their growing portfolio.

PROPERTY INFORMATION

Cooling
Other
Heating
Other/None
Parking Description
Parking Lot, Paved Asphalt
Sewer
Public
Water
Public

EXTERIOR

Construction
Other
Roofing
Other Roof Type
Listing Courtesy of Realty Shop