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Marcus & Millichap Arranges $22.1M Sale of Retail Power Center in Suburban St. Louis

Summary by REBusinessOnline
ST. PETERS, MO. — Marcus & Millichap has arranged the sale of Cave Springs Shopping Center in the St. Louis suburb of St. Peters for $22.1 million. The retail power center totals 176,804 square feet. Anchor tenant Hobby Lobby has operated at the property since 2003. The Edge Fitness Club serves as a co-anchor at the property, which was fully leased at the time of sale. Additional tenants include Office Depot, Cycle Gear and LongHorn Steakhouse. …
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Shopping Center Business broke the news in on Wednesday, April 2, 2025.
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