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.
MLS# | 24062882 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1993 |
Days On Site | 37 |
Listing Provided By | Manor Real Estate | Benjamin Cherry |
SQ Feet | 7,857 |
---|---|
Zoning | CT1 |
Acreage | 2.20 |
State | MO |
---|---|
County | Jefferson |
City | Arnold |
Zip Code | 63010 |
Area | Fox C 6 |
Community Name | Us Srvy #2991 |
Listing VS Median (in Us Srvy #2991) | |
Price: $3,056,266 low | high Med: $3,056,266 SqFt: 7,857 low | high Med: 7,857 $ / SqFt: $389 low | high Med: $389 On Site: 37 low | high Med: 37.000000 |