Free-Standing Drive-Through
3640 Harvester Road St Peters, MO 63303
For Sale
Contact for pricing
Compact free-standing restaurant building with former drive-in infrastructure and strong visibility along Harvester Road.
Property Size1,232 SF
Price / SF$430.19
Days on Market65
Property Features for 3640 Harvester Road
General Information
Standard status
Active
Size
1,232 SF
Property subtype
RETAIL
Listing Agency:
Realty Exchange Commercial Group
(314) 374-6670
Listed By:
Ken Wedberg
(314) 374-6670
Source:
Moodyscre
Added: May 27
Changed: Jul 28
Last Checked: Jul 29 at 2:19PM
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 Realty Exchange Commercial Group
Investment Insights
Based on property information with market context.
This free-standing restaurant building offers a compact, efficient layout totaling 1,232 square feet, suited for quick-service operations. The property is a former Sonic Drive-In and includes existing drive-in infrastructure, supporting an adaptable restaurant configuration.
The building benefits from strong visibility along Harvester Road with consistent daily traffic, providing solid exposure for passing customers.
As a standalone site with drive-through capabilities already in place, the property is positioned for a restaurant tenant seeking a functional footprint without starting from scratch.
The building benefits from strong visibility along Harvester Road with consistent daily traffic, providing solid exposure for passing customers.
As a standalone site with drive-through capabilities already in place, the property is positioned for a restaurant tenant seeking a functional footprint without starting from scratch.
Key Highlights
- 1,232 SF free‑standing restaurant building with a compact, efficient layout for quick‑service concepts
- Former Sonic Drive‑In with existing drive‑in infrastructure and an adaptable restaurant configuration
- Strong visibility along Harvester Road with consistent daily traffic
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $25.44 |
| − Vacancy | −$1.4k | −$1.14 |
| EGI | $29.9k | $24.30 |
| − OpEx | −$7.5k | −$6.07 |
| NOI | $22.4k | $18.22 |
1,232 SF · lease $25.44/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$320.7K
$280.6K – $374.2K
NOI $22,449 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$326.1K
$285.3K – $380.4K
NOI $22,824 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Compact free-standing restaurant building with former drive-in infrastructure and strong visibility along Harvester Road.
Where is this drive through restaurant located?
The property is located at 3640 Harvester Road St Peters, MO.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 1,232 SF free‑standing restaurant building with a compact, efficient layout for quick‑service concepts; Former Sonic Drive‑In with existing drive‑in infrastructure and an adaptable restaurant configuration; Strong visibility along Harvester Road with consistent daily traffic
