Restaurant with Drive-Thru For
For Sale
Contact for pricing
9640 Natural Bridge Rd St, Saint Louis, MO
Recently updated restaurant with drive-thru and ample parking.
Property Size3,162 SF
Lot Size0.56 Acres
Price / SF$119.23
Days on Market565
Property Features for 9640 Natural Bridge Rd St
General Information
Standard status
Active
Size
3,162 SF
Lot size
0.56 Acres
Property subtype
RETAIL
Listing Agency:
Hilliker Corporation
(314) 781-0001
Listed By:
John H. Shepley
Source:
Moodyscre
Added: Feb 25, 2025
Changed: Sep 11
Last Checked: Sep 13 at 10:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hilliker Corporation
Investment Insights
Based on property information with market context.
This is a recently updated restaurant property available for sale. The property features a drive-thru and a parking lot that can accommodate 25 or more cars. The building size is 3,162 square feet. The property also offers great signage opportunities. This property is located on Natural Bridge Rd in St Louis, MO.
Key Highlights
- Drive‑Thru
- Recently Updated Restaurant
- Great Signage Opportunity
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,589
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$271,780
$271.8K
Cap Rate 7%
$194,129
$194.1K
Cap Rate 9%
$150,989
$151.0K
Market Conditions
NOI Build-Up for 3,162 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$19.0K $6.00/SF
− Vacancy
−$854 −$0.27/SF
EGI
$18.1K $5.73/SF
− OpEx
−$4.5K −$1.43/SF
NOI
$13.6K $4.30/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$271,780
Cap Rate 7%
$194,129
Cap Rate 9%
$150,989
Alternative Uses
Best Use
Retail
$607.7K
$531.7K – $708.9K
NOI $42,536 @ 7.0% cap · market cap 11.28%
Second Best
Specialty Retail
$194.1K
$169.9K – $226.5K
NOI $13,589 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$678.6K
$593.8K – $791.7K
NOI $47,503 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,302
Businesses Nearby
78k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 38%
Dining 32%
Groceries 16%
Shops & Services 13%
McDonald's
Dining
22,069 visits/mo
0.5 miles
Marriott St. Louis Grand
Hotels & Casinos
13,023 visits/mo
0.1 miles
Schnucks
Groceries
12,829 visits/mo
0.0 miles
Holiday Inn St. Louis - Downtown Conv Ctr
Hotels & Casinos
7,878 visits/mo
0.2 miles
Hampton Inn St. Louis-Downtown at the Gateway Arch
Hotels & Casinos
6,458 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Recently updated restaurant with drive-thru and ample parking.
Where is this drive through restaurant located?
The property is located at 9640 Natural Bridge Rd St Saint Louis, MO.
What is the asking price?
The asking price for this property is $377,000.
What are key features of this property?
This property features: Drive‑Thru; Recently Updated Restaurant; Great Signage Opportunity
