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Restaurant

Brick House Tavern + Tap

2 McBride and Son Center Dr, Chesterfield, MO 63005

Listing Price: $3,875,000

Cap Rate
5.25%
Tenant Name
Brick House Tavern + Tap
Years Remaining On Lease
5.6
Gross SF
6,703
Guarantor
Corporate Guarantee
Rentable SF
6,703
Price/Gross SF
$578.10
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.33

Investment Overview

Marcus & Millichap is pleased to present a rare opportunity to acquire this Triple-Net Leased restaurant property in Chesterfield, Missouri in one of the best retail corridors in the St Louis, Missouri metro area, Chesterfield Valley.

The Property, located at 2 McBride & Son Center Drive features a 1.48-acre parcel with a 6,179 square foot casual dining restaurant triple-net leased to Brick House Tavern + Tap, one of 10 restaurant concepts operated by Kelly Companies of Southern California.


The Tenant has successfully operated at this location since 1999, when it was rebranded from Joe’s Crab Shack to its current concept, Brick House Tavern + Tap.

The Tenant currently pays $184,800 annually in rent and has signed a five year extension for a 10 percent increase effective March 2027 taking the annual rent to $203,280 annual rent. The Seller will credit the Buyer the difference in rent between close of escrow and the rent renewal start date.

Located off Interstate-64 in the Chesterfield Valley, with household Incomes averaging $186,916 in the one to three-mile radius. the property features frontage on Chesterfield Airport road across from Chesterfield Commons, one of the nation’s largest outdoor retail power centers with approximately 6.7 million annual visitors and over 1,664,564 square feet of retail featuring national tenants such as Walmart, Sam’s Club, Lowe’s, Best Buy, Dick's Sporting Goods, Ross Dress for Less, and national restaurant chains such as Chick Fil-A, Raising Cane’s, Culvers, Steak Shack, St Louis Bread Co (Panera). The Valley is a regional destination for shopping and dining, with The District on the north side of I-64, Top Golf, regional sports tournament fields, and major hotel chains.

Investment Highlights

  • Prime Real Estate in Chesterfield Valley at Interstate-64 and Boone Crossing Bridge
  • Surrounded by 1,600,000 Square Feet of National and Power Retailers with 6.7 Million Visitors Annually
  • Rare Opportunity to Acquire Fee Interest in Chesterfield Valley

Exclusively Listed By

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

Restaurant

Brick House Tavern + Tap

Listing Price: $3,875,000

Cap Rate
5.25%
Tenant Name
Brick House Tavern + Tap
Years Remaining On Lease
5.6
Gross SF
6,703
Guarantor
Corporate Guarantee
Rentable SF
6,703
Price/Gross SF
$578.10
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.33

Investment Highlights

  • Prime Real Estate in Chesterfield Valley at Interstate-64 and Boone Crossing Bridge
  • Surrounded by 1,600,000 Square Feet of National and Power Retailers with 6.7 Million Visitors Annually
  • Rare Opportunity to Acquire Fee Interest in Chesterfield Valley

Investment Overview

Marcus & Millichap is pleased to present a rare opportunity to acquire this Triple-Net Leased restaurant property in Chesterfield, Missouri in one of the best retail corridors in the St Louis, Missouri metro area, Chesterfield Valley. The Property, located at 2 McBride & Son Center Drive features a 1.48-acre parcel with a 6,179 square foot casual dining restaurant triple-net leased to Brick House Tavern + Tap, one of 10 restaurant concepts operated by Kelly Companies of Southern California. The Tenant has successfully operated at this location since 1999, when it was rebranded from Joe’s Crab Shack to its current concept, Brick House Tavern + Tap. The Tenant currently pays $184,800 annually in rent and has signed a five year extension for a 10 percent increase effective March 2027 taking the annual rent to $203,280 annual rent. The Seller will credit the Buyer the difference in rent between close of escrow and the rent renewal start date. Located off Interstate-64 in the Chesterfield Valley, with household Incomes averaging $186,916 in the one to three-mile radius. the property features frontage on Chesterfield Airport road across from Chesterfield Commons, one of the nation’s largest outdoor retail power centers with approximately 6.7 million annual visitors and over 1,664,564 square feet of retail featuring national tenants such as Walmart, Sam’s Club, Lowe’s, Best Buy, Dick's Sporting Goods, Ross Dress for Less, and national restaurant chains such as Chick Fil-A, Raising Cane’s, Culvers, Steak Shack, St Louis Bread Co (Panera). The Valley is a regional destination for shopping and dining, with The District on the north side of I-64, Top Golf, regional sports tournament fields, and major hotel chains.

Exclusively Listed By

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

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