3701 Cook Ave

Retail: Day Care

3701 - 3713 Cook Ave, St LouisMO 63113

Property Details

Location

Address
3701 - 3713 Cook Ave, St LouisMO 63113
County
St Louis City
Submarket
STL - St. Louis City
Parcels
37360002300
In Opportunity Zone
Yes

Building Size

Building Size
5,165 SF

Building Details

Type
 Retail: Day Care
Number of Buildings
2
Number of Units
4
Occupancy Type
Single Tenant
Number of Tenants
1
Percent Occupied
100%
Building Class
C
Building Status
Existing
Floors
2
Year Built
1924
Sprinklers
Primary Const.
Brick
Parking Ratio
Air Conditioned
Yes
Heated
Yes

Land & Utilities

Land (Acres)
0.11 Acres
Land (SF)
4,813 SF
Electricity
Yes, Municipal Utility District
Natural Gas
Yes, Municipal Utility District
Sanitary Sewer
Yes, Municipal Utility District
Water
Yes, City
Zoning
C
Lot Depth
Lot Width

Contacts

Current Listings

Commercial Investment Opportunity in Grand Center District near SLU

Commercial investment opportunity in the Grand Center District near SLU for sale only. Property leased long term to daycare operator for $2,500 per month. The 10-year lease from 2016 has increases to $2,650 in 2022 and $2,800 in 2024 and expires in 2026. The buildings and systems were gut renovated approximately 15 years ago and are in good condition. Tenant pays all utilities and operational maintenance costs and owner pays real estate taxes of $4,256, building insurance of $2,154 and any structural or roof maintenance. Annual income is $30,000 with fixed expenses of $6,410 creating a net income of $23,590 which is a 9.8% cap rate minus any potential repairs or maintenance. Tenant is very successful and has perfect payment history. Please do not disturb tenant.

Invest St. Louis

Commercial investment opportunity in the Grand Center District near SLU for sale only. Property leased long term to daycare operator for $2,500 per month. The 10-year lease from 2016 has increases to $2,650 in 2022 and $2,800 in 2024 and expires in 2026. The buildings and systems were gut renovated approximately 15 years ago and are in good condition. Tenant pays all utilities and operational maintenance costs and owner pays real estate taxes of $4,256, building insurance of $2,154 and any structural or roof maintenance. Annual income is $30,000 with fixed expenses of $6,410 creating a net income of $23,590 which is a 9.8% cap rate minus any potential repairs or maintenance. Tenant is very successful and has perfect payment history. Please do not disturb tenant.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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