6185 Natural Bridge Ave

6185 Natural Bridge Ave Saint Louis, MO 63120

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FOR SALE FOR LEASE Incentives
Property Type:
Big Box Retail
Amount:
$438,000
Last Verified:
May 19, 2017


Description

Subject property is a freestanding 1,287 SF building located on a hot corner with plenty of drive by traffic and a densely populated surrounding neighborhood. With access and signage on both Natural Bridge and Jennings Station Crossing, the property has excellent visibility and is located within 1 mile of I-70. The building is perfect for any retail, restaurant or corner gas station or shop and sits on a 10,018 SF lot.

Subject property is a freestanding 1,287 square foot building located on a hot corner with plenty of drive by traffic and a densely populated surrounding neighborhood. With access and signage on both Natural Bridge and Jennings Station Crossing, the property has excellent visibility and is located within 1 mile of Interstate 70. The building is perfect for any retail, restaurant or corner gas station or shop and sits on a 10,018 square foot lot.

North St. Louis County's population is one of the most diverse in St. Louis County. Cities of North County also include Bellefontaine Neighbors, Bridgeton, Ferguson, Jennings, Bridgeton, Hazelwood, and Spanish Lake. Not only is this area diverse in racial makeup but also by socioeconomic means. There are numerous black and mixed raced villages located in North-Central county along the Natural Bridge Corridor east of Interstate 170.


Year Built: 1973
Building Size: 1287.0sq ft
Lot Size: 0.23 acres

Units for Lease

lease space
Lease Type: Modified Net
Price Per Sqft/Year: $31.08

Map of 6185 Natural Bridge Ave, Saint Louis, MO, 63120

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.