CHESTERFIELD, Mo. — The Chesterfield big-box space that previously housed Gander Outdoors recently sold for $4.8 million.
The buyer? Not a real estate investment trust or another national retailer — but rather Allegiant (NASDAQ: ALGT), the primary air carrier at MidAmerica St. Louis Airport in Mascoutah, Illinois.
The property, at 18491 Outlet Blvd., is 52 miles from the Metro East airport and had been on the market for about 11 months, when Gander Outdoors closed.
So what does a regional airline want with a big box store?