Jack in the Box QSR
For Sale
$1,417,500
3710 Elm St, Saint Charles, MO 63301
Quick-service restaurant property operated by Jack in the Box since the building was constructed in 1999.
Property Size2,468 SF
Days on Market44
Property Features for 3710 Elm St
General Information
Standard status
Active
Size
2,468 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Building Size
2,468 SF
Year Built
1999
Listed By:
Angel Lei · License #CA LIC #2254994
(626) 632-3886
Source:
Alphare
Added: Jul 23
Changed: Aug 31
Last Checked: Sep 2 at 4:07PM
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 Angel Lei
Investment Insights
Based on property information with market context.
The property is a quick-service restaurant building continuously operated by Jack in the Box since the facility was constructed in 1999, reflecting a long operating history at this specific location. It offers a purpose-built, single-tenant QSR setup under the Jack in the Box brand.
Located within the Elm Point Industrial / Millstone Corporate submarket, the site provides direct access to the greater St. Louis metro trade area and sits along the State Highway 370 corridor. The immediate trade area includes a dense mix of retail and restaurants, surrounded by national credit tenants such as Walgreens, Taco Bell, McDonald’s, A&W, Sonic, Jimmy John’s, Subway, Lion’s Choice, and a Holiday Inn Express.
For sale as a branded restaurant asset with proven local continuity through ongoing Jack in the Box operations.
Located within the Elm Point Industrial / Millstone Corporate submarket, the site provides direct access to the greater St. Louis metro trade area and sits along the State Highway 370 corridor. The immediate trade area includes a dense mix of retail and restaurants, surrounded by national credit tenants such as Walgreens, Taco Bell, McDonald’s, A&W, Sonic, Jimmy John’s, Subway, Lion’s Choice, and a Holiday Inn Express.
For sale as a branded restaurant asset with proven local continuity through ongoing Jack in the Box operations.
Key Highlights
- Jack in the Box quick‑service restaurant property continuously operated since the building’s construction in 1999
- Publicly traded operator: Jack in the Box Inc. (NASDAQ: JACK)
- Located in the Elm Point Industrial/Millstone Corporate submarket near State Highway 370 with access to the St. Louis metro trade area
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
$44,970
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
3.17%
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%
$899,400
$899.4K
Cap Rate 7%
$642,429
$642.4K
Cap Rate 9%
$499,667
$499.7K
Market Conditions
NOI Build-Up for 2,468 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
$62.8K $25.44/SF
− Vacancy
−$2.8K −$1.14/SF
EGI
$60.0K $24.30/SF
− OpEx
−$15.0K −$6.07/SF
NOI
$45.0K $18.22/SF
Area
St. Charles County, MO
Vacancy
4.50%
Lease Rate
$25.44 /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%
$899,400
Cap Rate 7%
$642,429
Cap Rate 9%
$499,667
Alternative Uses
Best Use
Specialty Retail
$642.4K
$562.1K – $749.5K
NOI $44,970 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$653.2K
$571.5K – $762.1K
NOI $45,723 @ 7.0% cap · market cap 3.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63301, MO
50,890
Population
22,687
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
84.3 sq mi
ZIP Area
604
Density / Sq Mi
$83,551
Median Household Income
$46,433
Median Earnings
$1,093
Median Rent
$249,400
Median Home Value
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?
Conventional restaurant - Quick-service restaurant property operated by Jack in the Box since the building was constructed in 1999.
Where is this conventional restaurant located?
The property is located at 3710 Elm St Saint Charles, MO.
What is the asking price?
The asking price for this property is $1,417,500.
What are key features of this property?
This property features: Jack in the Box quick‑service restaurant property continuously operated since the building’s construction in 1999; Publicly traded operator: Jack in the Box Inc. (NASDAQ: JACK); Located in the Elm Point Industrial/Millstone Corporate submarket near State Highway 370 with access to the St. Louis metro trade area
