Freestanding Drive-Through
For Sale
$417,000
8500 Morganford Rd, Saint Louis, MO 63123
Freestanding corner restaurant with a drive-thru window and commercial kitchen, currently leased for immediate income.
Property Size1,008 SF
Price / SF$413.69
Days on Market67
Property Features for 8500 Morganford Rd
General Information
Standard status
Active
Size
1,008 SF
Total Parking Spaces
12
Occupancy
100%
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$6,505
Building Details
Tenancy
Single
Listing Agency:
RE/MAX Results
(314) 704-4282
Listed By:
Sarah Nguyen-Bani · License #2002004718
(314) 704-4282
Source:
Exprealty
Added: Jun 3
Changed: Aug 8
Last Checked: Jun 20 at 4:33AM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
This freestanding drive-through restaurant is situated on a highly visible corner lot and includes two customer seating/retail areas, a private office, a commercial kitchen, and ample storage. The building also features a distinctive canopy for curb appeal and brand recognition, along with a drive-thru window to support quick service. An additional 1,008± square foot second-floor space is available for storage or auxiliary use, and the property offers approximately 12 off-street parking spaces.
The property is located at 8500 Morganford Rd in the Bayless area, near Interstate 55, with strong street frontage and consistent daily traffic exposure described for Morganford Road. The corner placement provides prominent visibility from the surrounding roadway network and straightforward access for customers.
For buyers, this offering is presented as a turnkey leased investment or an owner-user option. The property is currently leased to a Donut House operation at $1,750 per month, with annual 3% rent increases. Approximately four years remain on the current lease, and the tenant has expressed interest in continuing occupancy. The existing restaurant layout, drive-thru functionality, and dedicated workspace configuration support continuity of the current use while also offering a practical platform for a related food service operator.
The property is located at 8500 Morganford Rd in the Bayless area, near Interstate 55, with strong street frontage and consistent daily traffic exposure described for Morganford Road. The corner placement provides prominent visibility from the surrounding roadway network and straightforward access for customers.
For buyers, this offering is presented as a turnkey leased investment or an owner-user option. The property is currently leased to a Donut House operation at $1,750 per month, with annual 3% rent increases. Approximately four years remain on the current lease, and the tenant has expressed interest in continuing occupancy. The existing restaurant layout, drive-thru functionality, and dedicated workspace configuration support continuity of the current use while also offering a practical platform for a related food service operator.
Key Highlights
- Freestanding commercial corner building on Morganford Road with high‑traffic exposure and strong street frontage
- Currently leased to a Donut House operation for $1,750/month with 3% annual rent increases
- Approximately four years remaining on the current lease; tenant has expressed interest in continuing occupancy
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Groceries 28%
Dining 8%
Dollar Tree
Shops & Services
16,849 visits/mo
0.1 miles
Save-A-Lot
Groceries
7,541 visits/mo
0.5 miles
Pizza Hut
Dining
2,152 visits/mo
0.5 miles
Demographics for 63123, MO
50,989
Population
23,208
Households
2.2
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
12.5 sq mi
ZIP Area
4,079
Density / Sq Mi
$74,187
Median Household Income
$43,458
Median Earnings
$987
Median Rent
$205,300
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 - Freestanding corner restaurant with a drive-thru window and commercial kitchen, currently leased for immediate income.
Where is this drive through restaurant located?
The property is located at 8500 Morganford Rd Saint Louis, MO.
What is the asking price?
The asking price for this property is $417,000.
What are key features of this property?
This property features: Freestanding commercial corner building on Morganford Road with high‑traffic exposure and strong street frontage; Currently leased to a Donut House operation for $1,750/month with 3% annual rent increases; Approximately four years remaining on the current lease; tenant has expressed interest in continuing occupancy
