8158 Big Bend Blvd, Saint Louis, MO 63119

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Building Details:

• Number of Floors: 1

8158 Big Bend Blvd is aretail property located in Saint Louis, MO. The property currently has 1 retail space for lease and is marketed by Cardinal Realty Group.

Great Webster Groves Missouri Location. This single tenant investment property located in the heart of the “Old Orchard” Business District. There are over 114 business in the district. The Old Orchard Business District is that stretch of Big Bend Boulevard between Laclede Station Road and the fork at Lockwood Avenue and is cosmopolitan in its business offerings including a wide range of eating options, many of which keep nearby Webster University and Nerinx Hall students and faculty caffeinated and calorified. Webster University-Main Campus is home to over 4474 students and 1475 faculty and staff along with Nerinx Hall 585 students and 68 faculty. The economic impact from Webster University is significant over $1.2 Million new income generated for the City of Webster Groves from University-affiliated outside-of-city visitors attending University events and $.8 Million added income from students who relocated to ad spent money in Webster Groves. Webster Groves received national attention over 50 years ago in a 1-hour CBS Documentary “Sixteen in Webster Groves.” Webster Groves is a bedroom community and suburb of St. Louis, with a population of 23,230 residents. Webster Groves has been named a Missouri Creative Community, one of America’s 100 Best Places to Live by Money magazine, one of the Best Cities for Families in America by Family Circle magazine, and is consistently included on lists of the Safest Cities in Missouri. According to a recent CoStar Survey, there are 153 commercial properties in Webster Groves with an average rent per square foot of $20.95 and a 1.9% vacancy rate. 3rd quarter 2017 cap rate for properties sold was 6.4% making this a very attractive investment for any investor.

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Brochure

• Available Spaces

Suite	Space Type	Pricing	Size
---	Retail Space	For sale: $539,314	1,716 sqft
Tei Too is fast-casual Asian cuisine restaurant and one of the best restaurants in Webster Groves with a Zomato rating of 3.9. Tei Too is owned and operated by Nippon Tei Corporation owner of three restaurants in the St. Louis Metro including; Ramen Tei, Nippon Tei, and Tei Too. The property underwent extensive renovations in 2002 when Quizno’s leased the space including major updates to electrical, plumbing and décor. Tei Too has been a tenant since 2008. The building is 1716 sf and has a full basement with an exterior stairway. 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.  « show less Tei Too is fast-casual Asian cuisine restaurant and one of the best restaurants in Webster Groves with a Zomato rating of 3.9. Tei Too is owned...  show more » View Details Tei Too is fast-casual Asian cuisine restaurant and one of the best restaurants in Webster Groves with a Zomato rating of 3.9. Tei Too is owned and operated by Nippon Tei Corporation owner of three restaurants in the St. Louis Metro including; Ramen Tei, Nippon Tei, and Tei Too. The property underwent extensive renovations in 2002 when Quizno’s leased the space including major updates to electrical, plumbing and décor. Tei Too has been a tenant since 2008. The building is 1716 sf and has a full basement with an exterior stairway. 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. Listing company: Cardinal Realty Group Pricing: $539,314 Availability: Now Listing ID: 1420621 Save to list