Ken Jacobsmeyer Of Marcus & Millichap Brokers $3.9M Sale-Leaseback Of Retail Property In Wentzville
1986 Wentzville Parkway
$3,900,000
$492/SF
Building Size
7,918 SF
Asset Type
Retail
Closing
Apr 25, 2025
AI
The property involved in the transaction is a retail asset located at 1986 Wentzville Parkway in Wentzville, MO. The sale price for this 7,918-square-foot property was $3,900,000, which translates to a price per square foot of $493.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,900,000
- Square Footage: 7,918
- Address: 1986 Wentzville Parkway
- Market: Wentzville, MO
- Broker: Ken Jacobsmeyer - Marcus & Millichap
Ken Jacobsmeyer from Marcus & Millichap played a key role in facilitating the transaction, securing a Missouri-based limited liability company as the buyer in a $3.9 million sale-leaseback deal involving the property housing Dobbs Tire & Auto.
Wentzville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93