|SQ. FT. Available||19,017|
Festus Centre is a retail strip center located in the Jefferson County submarket within the St. Louis, MO MSA, approximately 35 miles south of downtown St. Louis. The Centre is positioned at a signalized intersection of the main access point to Interstate 55, Highway A and Hwy 61/67. The location or the center is an excellent retail opportunity at the busiest intersection in Festus directly across from the Walmart Super Center of Festus.
Intelica CRE is pleased to offer to investors the opportunity to acquire Festus Centre, a multi tenant neighborhood center located in Festus, MO., a part of the St. Louis MSA. The Offering contains a 19,157 square feet retail strip center comprised of two separate buildings located at a signalized intersection directly across from a Walmart Supercenter. This offering allows investors the opportunity to purchase a stabilized center at the highest trafficked area in the market. Significant value creation
available as leases come due for renewal with rental increases of below market rents. The property is well located just off Interstate 55. The city of Festus’ principal economic engine is the retailing and service enterprises. Festus Centre is well positioned in the immediate market for a sustained cash flow opportunity for an investor.