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REGENCY SQUARE - ST. LOUIS, MO
OUTPARCEL TO SAM’S CLUB & WALMART SUPERCENTER
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Investment Highlights
- - Regional Draw
- - Upside Potential
- - Expansive Trade Area
- - Affluent Densely Populated Trade Area
- - E-Commerce Resistant Tenancy
- - Neighborhood Strip Center & Mattress Firm
- - 49,155 SF on 5.43 Acres
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CBRE, Inc as the exclusive advisor to Ownership, is pleased to present the opportunity to acquire a 100% fee simple interest in Regency Square to qualified investors. Regency Square consists of a 43,155-square foot neighborhood strip center that is 96.5% leased, freestanding single outparcel 100% leased to Mattress Firm and an undeveloped 1 acre Pad Site (the “Offering”). Over 90% of the Offering’s tenant base is composed of internet resistant discount and service oriented national and regional retailers. The composition of the tenant base will provide stability for future ownership. Future ownership can also capitalize on upside by selling the Mattress Firm as single tenant net lease asset and by leasing or selling the available pad site.
Regency Square is located in St Charles, MO, which is approx. 30 minutes west of Downtown St Louis and recognized for having highly desirable demographics and strong retail fundamentals. The immediate trade area includes 1.15 million SF of retail development currently 98% leased. It serves a dense trade area with over 88,000 people in a three-mile radius and more than 145,000 in 5 miles, both of which possess incomes in excess of $80,000.
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