SVN ꟾ Holman Norden is pleased to present a 100% fee simple interest in a Bryan Valley Multi-Tenant Retail/Office Center property located at 2108 Bryan Rd. O’Fallon, MO 63366. This 12,016 sq. ft. multi-tenant property is currently occupied by two long-term tenants. The Wentzville School District Mind Development Center is a strong credit tenant that occupies a majority of the center. They recently renewed for another two-year term and have a solid probability of renewing again in the future. The other tenant is Living Waters Salon & Day Spa which occupies one unit. Both tenants have a long history in this location. The parking lot has recently been repaved including a more efficient drainage system. Additionally, the landlord’s expenses are relatively controlled through the HOA. This masonry strip center is located a half mile from Interstate 70 with over 101,000 vehicles traveling per day. Bryan Road is a major artery connecting Interstate 70 to Highway 364 as well as Highway 40/64. The subject property has close to 23,000 vehicles traveling in front of it per day. Rents are currently slightly below market rate leaving a possibility for an increase in rent in the future. This property is in a great location with long-term strong tenants.
O’Fallon, MO is a city along Interstate 70 and Interstate 64 in St. Charles County and part of the St. Louis Metropolitan Area. O’Fallon has a population of 90,684 as of 2020, making it the 7th largest city in Missouri. O’Fallon is currently growing at a rate of 1.23% annually and its population has increased by 14.3% since 2010. O’Fallon was named the Best Place to Live in the State of Missouri in 2019 by ChamberofCommerce.org, as well as the Safest Large City in Missouri in both 2019 and 2018 by the National Council for Home Safety. In 2017, O’Fallon was ranked #42 on Money Magazine’s Top 100 Places to Live. O’Fallon is a thriving city that continues to grow. This property is positioned perfectly in the heart of the city among several established subdivisions.