It appears the rumors were true.

The Osage Beach Premium Outlets are for sale for a whopping 25 Million dollars.

The property opened in 1986 as the Factory Outlet Village, featuring a mix of local and national brands.

Simon properties have faced hardships with new “outlet malls” popping up in St. Louis and Kansas City, which began to undercut the outlet’s ability to grab buyers from those markets, as well as dwindling in-person shopping due to online purchases and COVID 19 closures.

The entire development is currently being offered by Pinnacle Real Estate Partners, who also have the Parkside Village office plaza in Osage Beach for sale as well, for 6.5 Million dollars.

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