5600 Grand Blvd St St. Louis, MO 63111
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High-return QSR investment; strong tenant.
Property size:
2,750 SFProperty Features for 5600 Grand Blvd St
General Information
- Property type
- Restaurants
- Square Feet
- 2,750 SF
- Lot Size
- 10,019 SF
Building Details
- Year Built
- 2011
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: Marcus & Millichap | Miami Listing Agent: Gabriel Britti
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fee-simple ownership of a 2,750-square-foot Jack in the Box restaurant located at 5600 S Grand Blvd, St. Louis, MO 63111. The property boasts a 6.65% cap rate and a strong net operating income (NOI) of $117,295. The absolute NNN lease, with a corporate guarantee from Jack in the Box, ensures minimal landlord responsibilities. The lease commenced September 24, 2024, and has a remaining term of approximately 4.8 years, with two five-year renewal options. Rent increases are capped at a maximum of 10% annually based on the CPI. The property sits on a 0.23-acre lot and was built in 2011. The tenant recently exercised a second five-year option, demonstrating a significant commitment to the location. This 24-hour restaurant benefits from its strategic position within the St. Louis metropolitan area, a vibrant market with a population exceeding 2.8 million and home to numerous Fortune 500 companies. The property is surrounded by numerous apartment complexes and new residential developments, ensuring a consistent customer base. Furthermore, its proximity to major universities, including Washington University, Saint Louis University, and St. Louis Community College, provides a substantial student population. The property underwent a complete remodel in 2015. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a prime location. The asking price is $1,763,834, translating to a price per square foot of $641.39.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- St. Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.2543002
- Latitude
- 38.5682803
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FAQs
What type of property is this?
Restaurant - High-return QSR investment; strong tenant.
Where is this restaurant located?
The property is located at 5600 Grand Blvd St St. Louis, MO.
What is the asking price?
The asking price for this property is $1,763,834.
What are key features of this property?
This property features: Jack-in-the-Box restaurant with drive-thru in St. Louis, MO, a metro area with 2.8 million residents and numerous Fortune 500 companies.; 24-hour location; tenant recently exercised a second 5-year option, demonstrating strong commitment.; Corporate-guaranteed lease; tenant completed a full building remodel in 2015.
