Noah Fox Of Vertical Real Estate Represents Buyer In Retail Sale At 6940 South Lindbergh Boulevard For $2.038M
6940 South Lindbergh Boulevard
$2,038,000
$452/SF
Building Size
4,500 SF
Asset Type
Retail
Closing
Nov 7, 2024
About this deal
AI
The property involved in this transaction is a retail asset located at 6940 South Lindbergh Boulevard in the St. Louis market. The sale price was $2,038,000 for a total square footage of 4,500, translating to a price per square foot of $452.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $2,038,000
- Address: 6940 South Lindbergh Boulevard
- Market: St. Louis
- Square Footage: 4,500
- Price Per Square Foot: $452
- Buyer: Noah Fox & Andrew Leeds
- Seller: TAUC
- Buyer's Representative: Noah Fox - Vertical Real Estate
- Seller's Representatives: Jeff Lefko - Hanley Investment Group; John Shuff - Pace Properties
The transaction involved Noah Fox and Andrew Leeds as buyers, representing their interests through Noah Fox of Vertical Real Estate. The seller, TAUC, was represented by Jeff Lefko from Hanley Investment Groupand John Shuff from Pace Properties.
On the Map
$2,038,000
$452/SF
Retail
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Players
Saint Louis Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.78%
Cash-on-Cash
-2.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93