Property Description

Price listed is Starting Bid Only. Bidding starts closing 06/01/2026 @ 5PM This exclusive investment opportunity offers the chance to acquire a 94,167 square foot shopping center currently operating as Nova Plaza. Anchored by national and regional tenants such as Dollar Tree, Citi Trends, Aaron's, Imo's Pizza, and other complementary retailers, the center generates approximately $496,479 in annual rental revenue, providing a stable income stream with meaningful value add potential. Located within a well established urban retail corridor just ten miles from downtown St. Louis, the property combines reliable cash flow with the possibility for future redevelopment or repositioning. Strategically situated along the signalized thoroughfare of Camp Jackson Road, the site benefits from strong visibility and consistent exposure, supported by an average daily traffic count of 25,000 vehicles. The surrounding area is bolstered by solid demographics, including a population of more than 127,000 within a five mile radius and an average household income of approximately $45,000 within three miles, reinforcing strong consumer demand in the trade area. A distinguishing feature of the property is the onsite electrical substation, offering a significant advantage for power intensive users. With City approval and coordination with Ameren for necessary infrastructure upgrades, the site presents a compelling opportunity for conversion to a data center or other high demand utility driven operations, in addition to its continued retail or mixed use potential. Optional Add On: Tract #1, formerly operated as a Kmart, is comprised of approximately 89,107 square feet and may be purchased separately, providing another large scale redevelopment or repositioning opportunity within the same established commercial corridor. With its established tenancy, dependable income production, strategic location, and long term redevelopment upside, this property represents a compelling opportunity for investors seeking a well positioned retail asset in the Metro East submarket with significant future optionality. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only. Any showings after open house are by appointment only.

Property Features