5600 S Grand Blvd - Fast Food FOR SALE


Saint Louis, MO 63111
$1,675,642 USD
786-522-7013
5600 S Grand Blvd, Saint Louis, MO for Sale
$1,675,642 USD
Fast Food - FOR SALE
1/4
null | 7% Cap Rate

5600 S Grand Blvd
Saint Louis, MO 63111


HIGHLIGHTS

  • 24 Hour Location | Tenant Just Exercised Second 5 Year Option Showing Strong Commitment to the Site
  • Jack-In-The Box Restaurant with Drive Thru Located in St. Louis, Missouri with Population 2.8 million in the St. Louis Metropolitan Area
  • Corporate Guaranteed Lease | Tenant Completed Full Building Remodel in 2015
  • Absolute NNN Lease | Zero Landlord Responsibilities

OVERVIEW

Marcus & Millichap is pleased to present for sale this 2,750 square foot Jack In-The-Box Restaurant located at 5600 S. Grand Boulevard in Saint Louis, Missouri. St. Louis is a city in Missouri with a population over 301,578 and located near the confluence of the Mississippi and the Missouri Rivers. It is located within the St. Louis Metropolitan Area with a population over 2.8 million. St. Louis is home to many Fortune 500 Companies including Centene, Emerson Electric, Reinsurance Group of America, Edward Jones, Olin, Graybar Electric and Ameren. Numerous apartment complexes surround this Jack-In-The-Box Restaurant including The Nicholas, Chroma, Grove Properties, Spring Street Lofts, The Standard at St. Louis, Piazza on West Pine, Verve St. Louis, The Landing at St. Louis, Soulard Market Lofts, Marlowe, Gallery CWE and 11th & Spruce. Numerous brand-new home developments are also springing up in close proximity to this Jack-In-The-Box including LaCollina Terrace by McBride Homes with 26 Homesites, The Preserve by Fisher Homes, The Preserve-The Estates by McKelvey Homes with 20 already sold lots and 25 more available, Gateway Heights by Fisher Homes, Lion’s Chase by McBride Homes and Arbors at Lion’s Gate by McBride Homes. Many colleges and universities also surround this property including Washington University (17,012 Enrolled Students), Saint Louis University (13,546 Enrolled Students), St. Louis Community College (26,621 Enrolled Students) and HarrisStowe State University (1,084 Enrolled Students). Located only 4 miles from this Jack-In-The Box Restaurant is St. Louis University Hospital with 356 Beds and St. Louis Lambert International Airport (15 million Passengers Annually) is 17 miles away. Jack-In-The-Box was founded in 1951 and is one of the nation’s top fast-food burger chains with over 2,200 quick-serve restaurants in the U.S. and Guam and over 500 million Annual Guests. Jack-In-The-Box Corporate is publicly traded with revenues of 1.55 million, net income of 135M and stockholder’s equity of 200M.

FOR SALE DETAILS

PRICE

$1,675,642 USD

PRICE/SF

$609 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack In The Box - Saint Louis, MO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

F

APN/PARCEL ID

2874-00-0210-0

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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