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    2724 Watson Rd St Louis, MO

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    For Sale
    $2,317,241

    Restaurant property with a 20-year lease and annual rental increases.

    Property size:
    1,600 SF
    Lot size:
    0.37 Acres

    Property Features for 2724 Watson Rd St

    General Information

    Size
    1,600 SF
    Lot size
    0.37 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Property with Long-Term Lease

    This property is suitable for conventional restaurants, retail, and specialty purposes. It features a 20-year Absolute Triple-Net (NNN) lease, providing investors with a consistent revenue stream. The lease includes a 1% annual increase on rent, starting at $168,000 per year and rising to $202,962, reflecting a 20.7% increase over the lease term. The property is leased to Crazy Bowls and Wraps, a rapidly expanding fast-casual dining brand known for its innovative and health-conscious menu. The lease is further secured by a corporate guarantor, providing additional financial stability. The zero landlord responsibility lease eliminates the complexities and costs associated with property management, offering long-term investors peace of mind and financial stability. The property size is 1,600 square feet and is located at 2724 Watson Rd, St. Louis, MO.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1928216
    Latitude
    38.6305392

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    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant property with a 20-year lease and annual rental increases.
    Where is this conventional restaurant located?
    The property is located at 2724 Watson Rd St Louis, MO.
    What is the asking price?
    The asking price for this property is $2,317,241.
    What are key features of this property?
    This property features: - Long-Term 20-Year Absolute Triple-Net (NNN) Lease: Provides unparalleled stability.; - Zero Landlord Responsibility: Eliminates property management complexities.; - Annual Rental Increases: Features a 1% annual increase on rent, ensuring steady growth.
    (332) 345-2408
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    2724 Watson Rd St Louis, MO
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    Louis, MO
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2724 Watson Rd St Louis, MO
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