7821 Olive Boulevard, University City, MO, 63130

Highly trafficked and prominently visible! This space for lease features new A/C and Furnace installations. It offers approximately 1,140 SQFT at a base rent of $950/MO PLUS triple net. The triple net expense covers prorated water, sewer, building maintenance, property tax, property insurance, snow removal, waste service, parking lot sweeping, common area lighting, and other related costs. The current triple net fee is $5/SQFT/YR, subject to annual adjustments based on the previous year's expenses. A minimum lease term of 3 years is required. New tenants will have their first-year triple net expense waived. We seek an experienced business owner to occupy the space. No liquor/alcohol bar, NO vape and No Arcade businesses. The listing agent holds partial shares of ownership. If you require a larger space, this unit can be expanded by combining it with the adjacent unit 7819 Olive, which offers up to 2280 SQFT. Please check MLS#23046589 for more information.

Subdivision: Eastover

List Price

$ 950

Status

Closed

Days on market

340

MLS#

23017572

Buyer's Agent Commission

3%%

Bedrooms

0

Full baths

0

Sq. Ft. Above

1,140

Acres

0

Subdivision

Eastover

Municipality

University City

County

St Louis

Property Type

Commercial Lease

Transaction Type

Lease

Type

Commercial Lease

Special Description

None

Miscellaneous

Building Sign,Display Window,Exterior Lighting

Age

60

Conditions

Unknown,Code Compliance Reqd,Occupancy Perm Req

Additional Information

Carport Spaces

0

Parking Description

Lighted Parking,Parking Lot,Asphalt

Cooling

Electric

Sewer

Public Sewer

Heating

Forced Air

Water

Public

Property Tax

$ 6,777