Total Access Urgent Care

600 Mid Rivers Mall Drive, St. Peters, MO 63376

$3,092,000

Cap Rate 6.50%

Views: 18 DOM: 57 Updated: 04.28.24 Posted: 03.20.24 Status: Active

Summary

Price $3,092,000	Built/Renov 2018	Tenant Total Access Urgent Care
Cap Rate 6.50%	Lease Type NN+	Guarantor Corporate
Size/SF 4,925	Lease Start 05-01-2019	#Units 70
Price/SF $627.82	Expiration 04-30-2039	Tenant Type Medical/Health
NOI $200,980	R. Term 14.11	Ownership Fee Simple
Rent/SF $40.80	Increases 10.0%/5/yrs	Pop 5Mi 180,168
Lot/AC 0.89	Options 0/0yrs	AHHI 5Mi $111,201

Lease Highlights

Total Access Urgent Care has 15 years remaining on the current lease term
The lease features 10% rental escalations every 5 years throughout the initial term
Favorable NN+ lease with landlord responsible for roof and structure
Corporate guaranteed lease

Location Description

Total Access Urgent Care is strategically located at the signalized, hard corner intersection of Mid Rivers Mall Drive and St. Peters Square, with access to a significant combined daily traffic count of 50,000 vehicles. The immediate vicinity is surrounded by well-known national tenants including Starbucks, GameStop, UPS, Great Clips, and more. Notably, the area features a top-performing...

...

Key Features

Signalized intersection
Build to suit
Roof guarantee
High traffic 50M+ VPD
Dense retail corridor
Top 100 MSA
Strong demographics
Long 15+ yr lease
Favorable NN+ lease
Corporate Guarantee

...

Links

Total Access Urgent Care Wikipedia St. Peters, Missouri Zip Code 63376 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Total Access Urgent Care
Guarantor:Corporate
Company:ICV Partners
# Units:70
Stock:Private

About Tenant

Total Access Urgent Care (TAUC) is a leading urgent care provider in the Greater St. Louis area, offering convenient and high-quality medical services to patients of all ages. TAUC patients spend...

...

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Saint Peters Square	Mid Rivers Mall Dr	2019	3,409	0.02 mi
Mid Rivers Mall Drive	St Peters Sq	2019	12,984	0.08 mi
Mexico Road	Mid Rivers Mall Dr	2019	9,091	0.16 mi
Mexico Road	Mid Rivers Mall Dr	2019	9,507	0.17 mi
Mid Rivers Mall Drive	Grand Teton Dr	2019	313	0.19 mi
Grand Teton Drive	Mid Rivers Mall Dr	2019	1,424	0.19 mi
Mid Rivers Mall Dr	Mexico Rd	2012	31,772	0.20 mi
Grand Teton Drive	Mid Rivers Mall Dr	2019	6,405	0.20 mi
Mid Rivers Mall Drive	Dubray Dr	2019	13,257	0.21 mi
Mexico Road	Dubray Dr	2019	11,084	0.23 mi

Listing Broker

Bill Asher

Hanley Investment Group

Contact

117 Listings
5256 Views
50 Sold

Jeff Lefko

Hanley Investment Group

Contact

115 Listings
5125 Views
54 Sold

Bill Asher

Bill Asher specializes in advising clients in the acquisition and disposition of retail properties nationwide. With over 20 years of experience in commercial real estate, his transaction expertise, industry relationships, and unparalleled professionalism have allowed him to close and contribute to more than $2 billion in sales, including over 550 sales in the last 10 years. Bill’s dedication and unwavering commitment to his clients have made him one of the top agents at the company earning him

...

Jeff Lefko

As Executive Vice President at Hanley Investment Group, Jeff Lefko specializes in advising clients in the acquisition and disposition of retail properties nationwide. Jeff is focused on developing meaningful relationships that go beyond a singular transaction by proactively advising his clients to help achieve their long-term financial goals and objectives. Jeff’s commitment to his clients has allowed him to close over $1.5 billion in sales since 2017, which included 114 transactions va

...

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT