Restaurant
Absolute Net Red Lobster in St. Louis MSA
12235 St Charles Rock Rd, Bridgeton, MO 63044
Listing Price: $5,124,551
Investment Overview
Subject is a Prime 8,534 Square-Foot Build-to-Suit Red Lobster on a 1.67-Acre Lot with Ample Parking,
Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Target Outlot. Absolute NNN Lease with Zero Landlord Responsibility Over Ten Years Remaining with 2% Annual Rental Increases, 4 x 5-Year Options.
Absolute Net Red Lobster in St. Louis MSA
Investment Highlights
- Well Established Retail Corridor | Nearby National Retailers Include: Lowe's, Target, Walmart, Best Buy, Kohl's, CVS, Applebee's, Wendy's, Chick-fil-A, Olive Garden, and Others
- Thriving Community with an Average Household Income of $73,000 and 143,041 Population within Five Miles of the Subject Asset, as of 2022
- Robust Traffic Counts on St. Charles Rock Road (23,742 VPD), a Half Mile off of I-270 (59,713 VPD), and a Half Mile off of I-70 (52,346 VPD) (Source: LandVision, CoStar, MODOT, 2022)
- Parks and Outdoor Recreational Facilities Nearby Include: Creve Coeur Park, Hollywood Casino, Saint Stanislaus Conservation Area, Forest Park, St. Vincent Park, St. Louis Zoo, St. Louis Art Museum, and More
- Subject is 13 Miles from Downtown St. Louis, with a Metro Population of 2.8 Million People
- Red Lobster is Across the Street fom DePaul Hospital, Serving 200,000 Patients per Year
- Subject is Less than Three Miles from St. Louis Lambert International Airport, Serving 15 Million Passengers Annually (flystl.com)
Exclusively Listed By
Broker of Record
Listing Price: $5,124,551
Investment Highlights
- Well Established Retail Corridor | Nearby National Retailers Include: Lowe's, Target, Walmart, Best Buy, Kohl's, CVS, Applebee's, Wendy's, Chick-fil-A, Olive Garden, and Others
- Thriving Community with an Average Household Income of $73,000 and 143,041 Population within Five Miles of the Subject Asset, as of 2022
- Robust Traffic Counts on St. Charles Rock Road (23,742 VPD), a Half Mile off of I-270 (59,713 VPD), and a Half Mile off of I-70 (52,346 VPD) (Source: LandVision, CoStar, MODOT, 2022)
- Parks and Outdoor Recreational Facilities Nearby Include: Creve Coeur Park, Hollywood Casino, Saint Stanislaus Conservation Area, Forest Park, St. Vincent Park, St. Louis Zoo, St. Louis Art Museum, and More
- Subject is 13 Miles from Downtown St. Louis, with a Metro Population of 2.8 Million People
- Red Lobster is Across the Street fom DePaul Hospital, Serving 200,000 Patients per Year
- Subject is Less than Three Miles from St. Louis Lambert International Airport, Serving 15 Million Passengers Annually (flystl.com)
Investment Overview
Subject is a Prime 8,534 Square-Foot Build-to-Suit Red Lobster on a 1.67-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Target Outlot. Absolute NNN Lease with Zero Landlord Responsibility Over Ten Years Remaining with 2% Annual Rental Increases, 4 x 5-Year Options.
Exclusively Listed By
Broker of Record
