Building Details

Year Built 1994

Listing Agency: Calvert's Express Real Estate

Listed By: Gary Calvert · License #2016016671 Show Phone

Source: Fussellgroup

Added: Jul 9 Changed: Oct 3 Last Checked: Oct 7 at 2:50PM

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Investment Insights

Based on property information with market context.

This property is a restaurant building totaling 1,936 sq. ft. on a 0.99-acre lot with approximately 43,124 sq. ft. of outdoor parking space. The exterior is reported to be in excellent condition with little to no maintenance required. Noted major updates include an HVAC system replacement approximately five years ago and a hot water heater replacement two years ago. For the right buyer or tenant, the property may be offered with restaurant equipment as part of a turnkey setup.

The property is offered for sale or lease under triple net (NNN) terms. There is an existing lease in place that expires 07-31-2026. The seller notes that the building has potential for other uses beyond a restaurant, and it may be possible to rezone the property to residential; buyers should verify rezoning requirements with the city and county.

For more information or to schedule a private showing, contact the listing agent.

Key Highlights

• 1,936 SF restaurant building built in 1994 on a 0.99‑acre lot
• Approximately 43,124 SF of outdoor parking space for customers and staff
• Triple net (NNN) lease terms; current lease expires 07‑31‑2026

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Garden Center Carpet & Flooring Store Cafe & Coffee Shop Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

57

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 64784, MO

1,306

Population

651

Households

2

Avg Household Size

40

Median Age

18%

College-Educated

85%

High-School Grad

111.1 sq mi

ZIP Area

12

Density / Sq Mi

$52,734

Median Household Income

$34,598

Median Earnings

$541

Median Rent

$146,600

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

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant building with extensive outdoor parking, NNN terms, and recent HVAC and hot water heater replacements.

Where is this conventional restaurant located?

The property is located at 607 W Gene Lathrop Dr Sheldon, MO.

What is the asking price?

The asking price for this property is $145,000.

What are key features of this property?

This property features: 1,936 SF restaurant building built in 1994 on a 0.99‑acre lot; Approximately 43,124 SF of outdoor parking space for customers and staff; Triple net (NNN) lease terms; current lease expires 07‑31‑2026