Drive-Through Restaurant
For Sale
Contact for pricing
4118 Mexico Rd, Saint Peters, MO 63376
Existing QSR improvements include a drive-through and convenient access from Mexico Road.
Property Size2,180 SF
Lot Size1.00 Acre
Price / SF$642.20
Days on Market117
Property Features for 4118 Mexico Rd
General Information
Standard status
Active
Size
2,180 SF
Lot size
1.00 Acre
Property subtype
LAND
Site & Location
Drive-Thru
Yes
Traffic Count
19,073 vehicles/day
Additional Details
Land Use
commercial
Amenities
drive-thru
Listing Agency:
Scout Realty Group
(314) 598-2357
Listed By:
Adam T Glosier
(314) 598-2357
Source:
Moodyscre
Added: May 6
Changed: Aug 29
Last Checked: Aug 29 at 1:37PM
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 Scout Realty Group
Investment Insights
Based on property information with market context.
This 2,180-square-foot QSR property occupies 0.99 acres and includes an operating restaurant with drive-through facilities. The current tenant has agreed to an early termination, providing a defined change in occupancy status for the property.
Positioned on Mexico Road in Saint Peters, Missouri, the site benefits from prominent visibility and easy access. Mexico Road records 19,073 VPD, supporting exposure to passing traffic. The property address is 4118 Mexico Rd.
Positioned on Mexico Road in Saint Peters, Missouri, the site benefits from prominent visibility and easy access. Mexico Road records 19,073 VPD, supporting exposure to passing traffic. The property address is 4118 Mexico Rd.
Key Highlights
- Operating QSR with drive‑through facilities
- 2,180 SF restaurant on 0.99 acres
- 19,073 VPD on Mexico Rd.
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
$39,723
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
2.84%
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%
$794,460
$794.5K
Cap Rate 7%
$567,471
$567.5K
Cap Rate 9%
$441,367
$441.4K
Market Conditions
NOI Build-Up for 2,180 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
$55.5K $25.44/SF
− Vacancy
−$2.5K −$1.14/SF
EGI
$53.0K $24.30/SF
− OpEx
−$13.2K −$6.07/SF
NOI
$39.7K $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%
$794,460
Cap Rate 7%
$567,471
Cap Rate 9%
$441,367
Alternative Uses
Best Use
Specialty Retail
$567.5K
$496.5K – $662.1K
NOI $39,723 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$577.0K
$504.8K – $673.1K
NOI $40,387 @ 7.0% cap · market cap 2.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
19,073 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
195k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 35%
Electronics 9%
Office Supplies 5%
Hobby Lobby
Shops & Services
37,526 visits/mo
0.3 miles
LongHorn Steakhouse
Dining
15,704 visits/mo
0.4 miles
Taco Bell
Dining
14,947 visits/mo
0.0 miles
Mobil
Shops & Services
13,603 visits/mo
0.1 miles
Jack in the Box
Dining
11,456 visits/mo
0.1 miles
Demographics for 63376, MO
76,064
Population
30,718
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
96%
High-School Grad
40.1 sq mi
ZIP Area
1,897
Density / Sq Mi
$94,921
Median Household Income
$49,754
Median Earnings
$1,319
Median Rent
$255,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Existing QSR improvements include a drive-through and convenient access from Mexico Road.
Where is this drive through restaurant located?
The property is located at 4118 Mexico Rd Saint Peters, MO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Operating QSR with drive‑through facilities; 2,180 SF restaurant on 0.99 acres; 19,073 VPD on Mexico Rd.
