Year Build: 2015
Building Size: 45,000 SqFt.
No of Stories: 0
Total Lot Area: 4.47 Acre
No of Parking: 0
No of Total Units: 0
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
We are pleased to present the single-tenant B&B Theatres located at 100 Wentzville Bluffs Drive in Wentzville, Missouri. Consisting of approximately 45,000 rentable square feet, the subject property was built in 2015 and is situated on a 4.47 acre lot (194,604 square feet).
The offering is a sale lease back structure for twenty-five (25) years with fixed increases every five (5) years at five (5) percent. The tenant has 5 options of 5 years each to extend their lease. Each option period has a fixed increase amount.
The building is located along the major thoroughfare; Interstate Drive and has great street visibility from Interstate 70. The subject is within close proximity to the 70 and 64 Freeways, and Highway Z.
Wentzville Bluffs is a new development for entertainment and dining with retailers including: Planet Fitness, Hampton Inn, Hot Shots, 6 North Cafe, U-Gas, and B & B Theatres. Discussions of a potential steak house, family-style restaurant and strip retail are underway.
This investment is an excellent opportunity for an investor to take advantage of the current income stream and ideal location of this asset.