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Drive-Through Restaurant
For Sale
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Pending

1955 N Hwy 67, Florissant, MO 63033

New Freddy’s location leased on an absolute NNN structure with scheduled rent increases and four renewal options.

Property SizeContact for details
Days on Market143

Property Features for 1955 N Hwy 67

General Information

Standard status Pending
Property subtype Retail

Site & Location

Drive-Thru Yes
Highway Access Yes
Road Access Yes
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: Jereme Snyder · License #CA 01360233
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:15AM

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 Colliers - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

This newly developed Freddy’s Frozen Custard & Steakburgers restaurant includes a drive-through and is subject to a full 20-year absolute NNN lease. The agreement provides 10% rent increases every 5 years, including across four additional 5-year options. M&M Custard, LLC, a Freddy’s franchisee operating 38 locations in 6 states, guarantees the lease.

The property is positioned at the signalized intersection of Hwy 67 and Lindbergh Blvd near I-270 in Florissant, Missouri. Adjacent retail centers include Target Plaza and Shoppes at Cross Keys, with anchors such as Target, ALDI, Marshalls, Ross, PetSmart, Home Depot, and Five Below. St. Louis Lambert International Airport, Boeing facilities, and Amazon’s headquarters are also identified in the surrounding area.

The address is 1955 N Hwy 67, Florissant, MO 63033. Freddy’s operates 450 locations nationally, while the franchisee has 3 additional locations opening in 2023.

Key Highlights

  • New Freddy’s Frozen Custard & Steakburgers restaurant with a drive‑through
  • Full 20‑year absolute NNN lease with 10% increases every 5 years
  • Four 5‑year renewal options with scheduled 10% rent increases

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Building Supply Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
17,655 visits/mo 0.3 miles
BP Shops & Services
8,604 visits/mo 0.4 miles
Car-X Auto Service Shops & Services
469 visits/mo 0.4 miles

Demographics for 63033, MO

43,175
Population
18,637
Households
2.3
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,539
Density / Sq Mi
$63,979
Median Household Income
$38,410
Median Earnings
$1,150
Median Rent
$157,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - New Freddy’s location leased on an absolute NNN structure with scheduled rent increases and four renewal options.
Where is this drive through restaurant located?
The property is located at 1955 N Hwy 67 Florissant, MO.
What are key features of this property?
This property features: New Freddy’s Frozen Custard & Steakburgers restaurant with a drive‑through; Full 20‑year absolute NNN lease with 10% increases every 5 years; Four 5‑year renewal options with scheduled 10% rent increases
(949) 724-5561 Call to check price and availability
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