Description:

NNN Real Estate

NNN Real Estate is located in the heart of Webster Groves Mo “Old Orchard” Business District. The Old Orchard Business is cosmopolitan in its business offerings including a wide range of eating options. Community business district is popular with residents who enjoy the close proximity to home. What makes this area even more unique is the 4474 students and 1475 faculty and staff of Webster University Main Campus and Nerix Hall with 585 students and a faculty of 68 members. The economic impact from Webster University is significant for the Webster Groves Community with over $1.2 Million new income generated by University-affiliated outside-of-city visitors attending University events and $.8 Million added income from students who relocated to and spent money in Webster Groves.

NNN Real Estate Investment Highlights

Tei Too is fast-casual Asian cuisine restaurant and one of the best restaurants in Webster Groves. Zomato gives Tei Too a rating of 3.9. The building is 1716 SF and has a full basement for additional storage. There is a front and rear entrance to the property. The rear entrance leads to a 79 space FREE public parking lot. Tei Too recently entered into a new five-year NNN (less roof and structure) lease with two five-year options and annual 2% rent increase making this an attractive investment with a year one NOI of $37,752. When searching for NNN Real Estate Investment Opportunities, call the Home-town Team at Cardinal Realty Group. The Cardinal can-do attitude gets results as a Realtor and CCIM for Tenants, Owners, Buyers, and Sellers of Commercial Real Estate St Louis since 2004. Our motto is unseen, is untold is unsold! Call Today to tour this property or to discuss your needs for Commercial Real Estate St Louis further.