3601 Jeffco Blvd - Restaurant FOR SALE


Arnold, MO 63010
$3,056,266 USD
314-322-2510
3601 Jeffco Blvd, Arnold, MO for Sale
$3,056,266 USD
Restaurant - FOR SALE
1/7
null | 7.5% Cap Rate

3601 Jeffco Blvd
Arnold, MO 63010


HIGHLIGHTS

  • Landmark absolute NNN restaurant
  • Impressive 35-year operating history
  • 7,857 square foot restaurant on large 2.20-acre lot
  • Positioned at signalized hard-corner
  • Traffic counts exceed 31,000 vehicles daily and Arnold submarket is experiencing robust growth
  • 7 years of primary term remaining, 2.00% annual rent growth, Excellent future development opportunity, Covered land play

OVERVIEW

Tremendous Absolute NNN investment opportunity of a landmark St. Louis restaurant with impressive 35-year operating history! Wesley Roger's Steak and Buffet is a coveted restaurant serving the St. Louis MSA. Opportunity to acquire 7,587 square foot restaurant building on prime 2.2 acre lot at signalized intersection of Jeffco Boulevard and Richardson Road. Seven (7) years of primary term remaining on this absolute NNN lease with 2.00% annual rent growth. Excellent future development opportunity via covered land play.

FOR SALE DETAILS

PRICE

$3,056,266 USD

PRICE/SF

$389 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Absolute NNN Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

124

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

CT1

APN/PARCEL ID

09-3.0-06.0-1-001-004

ASK ABOUT THIS PROPERTY

Eddie CherryManor Real EstateMore Info
314-322-2510

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Eddie CherryManor Real EstateMore Info
314-322-2510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.