Single-Tenant Breakfast
For Sale
Contact for pricing
3804 North Belt Highway, St Joseph, MO 64506
IHOP facility with an Absolute NNN lease, extended operating hours, and a recently constructed restaurant building.
Property Size5,070 SF
Price / SF$485.40
Days on Market142
Property Features for 3804 North Belt Highway
General Information
Standard status
Active
Size
5,070 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$160,000
Additional Details
Highway Access
Yes
Building Details
Year Built
2009
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
(248) 415-2616
Listed By:
Connor Knauer · License #413436
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: May 26 at 9:20AM
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 Matthews
Investment Insights
Based on property information with market context.
This IHOP property comprises a 5,070-square-foot restaurant building on more than 43,000 square feet of land at 3804 N Belt Hwy in Saint Joseph, Missouri. Built in 2009, the property is occupied by a single tenant and operates 24 hours per day from Thursday through Sunday, with operating hours of 16 hours per day or more Monday through Wednesday.
The lease has 22 years and 8 months remaining on a newly established 25-year term and is structured on an Absolute NNN basis. Multiple renewal options and contractual rent escalations are included. Lease obligations are guaranteed by an operator with 16 units.
The site is positioned near Interstate 29 and US Route 36, across from The Shoppes at North Village. The surrounding retail context includes Walmart, Target, Home Depot, Sam’s Club, Lowe’s, Kohl’s, and East Hills Mall, which is anchored by JCPenney and includes more than 50 smaller shops.
The lease has 22 years and 8 months remaining on a newly established 25-year term and is structured on an Absolute NNN basis. Multiple renewal options and contractual rent escalations are included. Lease obligations are guaranteed by an operator with 16 units.
The site is positioned near Interstate 29 and US Route 36, across from The Shoppes at North Village. The surrounding retail context includes Walmart, Target, Home Depot, Sam’s Club, Lowe’s, Kohl’s, and East Hills Mall, which is anchored by JCPenney and includes more than 50 smaller shops.
Key Highlights
- 5,070‑square‑foot IHOP restaurant building constructed in 2009
- More than 43,000 square feet of land at 3804 N Belt Hwy
- 22 years and 8 months remaining on a newly established 25‑year lease
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64506, MO
22,828
Population
9,820
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
2,283
Density / Sq Mi
$61,713
Median Household Income
$38,832
Median Earnings
$908
Median Rent
$220,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Wendy's — 4300 N Belt Hwy, St Joseph, MO 64506
Frequently Asked Questions
What type of property is this?
Breakfast & diner - IHOP facility with an Absolute NNN lease, extended operating hours, and a recently constructed restaurant building.
Where is this breakfast & diner located?
The property is located at 3804 North Belt Highway St Joseph, MO.
What is the asking price?
The asking price for this property is $2,461,000.
What are key features of this property?
This property features: 5,070‑square‑foot IHOP restaurant building constructed in 2009; More than 43,000 square feet of land at 3804 N Belt Hwy; 22 years and 8 months remaining on a newly established 25‑year lease
