Marcus & Millichap Sells Retail Properties For Plaza Tire Service In Kirkwood And Warrenton For $5.17M
Missouri
See Similar DealsMarcus & Millichap Sells Retail Properties For Plaza Tire Service In Kirkwood And Warrenton For $5.17M
915 South Kirkwood Road & 907 Steinhagen Road
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The transaction involved two retail locations at 915 South Kirkwood Road and 907 Steinhagen Road in the Kirkwood and Warrenton market of Missouri. The combined sale price for the properties was $5,169,230, with a total square footage of 11,655, translating to a price per square foot of $444. The properties are leased to Sun Auto Group, which offers stability for the buyer given the strong demand for retail assets with long-term leases.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,169,230
- Sale Date: 06/10/2025
- Address: 915 South Kirkwood Road & 907 Steinhagen Road
- Market: Kirkwood & Warrenton, MO
- Square Footage: 11,655
- Price Per Square Foot: $444
- Broker: Ken Jacobsmeyer - Marcus & Millichap
Ken Jacobsmeyer represented Marcus & Millichap in this transaction, which involved the sale of two Plaza Tire Service locations. The deal reflects the increasing interest in retail properties that are backed by long-term leases, showcasing the market's current dynamics.
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