Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3601 Jeffco Blvd Arnold, MO 63010

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NNN leased restaurant with future development potential.

    Type:Retail
    Property size:
    7,857 SF
    Lot size:
    2.20 Acres
    Added:
    Oct 3, 2024
    Days on Market:
    547
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 3601 Jeffco Blvd

    General Information

    Standard status
    Active
    Size
    7,857 SF
    Lot size
    2.20 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1993

    We can help!

    Listing Contact
    Eddie Cherry

    Listing agent Eddie Cherry License #2008027591

    Listing office Manor Real Estate

    Listing date Oct 3, 2024

    Source Crexi

    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 Manor Real Estate

    Overview

    Landmark St. Louis Restaurant Investment

    This is an investment opportunity to acquire a 7,587 square foot restaurant building on a 2.2 acre lot. The property is located at the signalized intersection of Jeffco Boulevard and Richardson Road. The restaurant, Wesley Roger's Steak and Buffet, has been operating for 35 years. There are six years remaining on the absolute NNN lease, with 2.00% annual rent growth. The property offers a future development opportunity.
    Location Intelligence

    Current Use by Public Records

    Ponderosa Restaurant Wesley Rogers Restaurant Wesley Roger's Steak ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arnold
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.3822176
    Latitude
    38.4094335

    Nearby Similar for Sale

    • $275,000
      4,200 SF

      Versatile Commercial Space in Arnold

      Adaptable commercial property with updated features and ample parking.
      1333 W Outer 21 Road, Arnold, MO 63010
      View Details
    • $279,900

      Versatile Commercial Property in Arnold

      Three buildings in high-traffic location, ideal for diverse business uses.
      1449 Jeffco Boulevard, Arnold, MO 63010
      View Details
    • $2,922,566
      7,857 SF

      Landmark Restaurant NNN Investment Opportunity

      NNN leased restaurant on 2.2 acres with future development potential.
      3601 Jeffco Boulevard, Arnold, MO 63010
      View Details
    • $279,900

      Versatile Retail Property in Arnold

      Commercial property with three buildings, ideal for diverse business uses.
      1447 Jeffco Boulevard, Arnold, MO 63010
      View Details
    • $2,100,000
      18,999 SF

      Versatile Commercial Property in Arnold

      18,999 Sq Ft commercial building on 1.22 acres.
      4400 Jeffco Boulevard, Arnold, MO 63010
      View Details
    • $219,000
      1,560 SF

      Arnold MO Ranch Duplex

      Move-in ready duplex near Arnold City Park.
      447 Mabel Drive, Arnold, MO 63010
      View Details
    • $4,500,000
      35,619 SF

      Retirement Community in High-Traffic Area

      Established retirement community with amenities in a prime location.
      2121 Ridge Drive, Arnold, MO 63010
      View Details
    • $279,900

      Commercial Property with Three Buildings

      Three commercial buildings with versatile spaces and ample parking.
      1449 Jeffco Boulevard, Arnold, MO 63010
      View Details
    • $1,105,000

      13-Unit Single-Family Home Portfolio

      13 single-family homes in a strong rental market.
      3 Branson Drive, Arnold, MO 63010
      View Details
    • $279,900

      Commercial Property with Three Buildings

      Commercial property featuring three buildings suitable for various businesses.
      1447 Jeffco Boulevard, Arnold, MO 63010
      View Details
    • $1,750,000
      2,350 SF

      Office Space with I-55 Visibility

      2,350 SF office suite available with signage and visibility.
      3675 W Outer Rd, Arnold, MO
      View Details
    • $375,000
      1,404 SF

      Retail Property in Arnold, Missouri

      Retail property for sale with 1,404 square feet of space.
      510 Maple Meadows Dr, Arnold, MO
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - NNN leased restaurant with future development potential.
    Where is this conventional restaurant located?
    The property is located at 3601 Jeffco Blvd Arnold, MO.
    What is the asking price?
    The asking price for this property is $2,922,566.
    What are key features of this property?
    This property features: Absolute NNN lease provides a hands‑off investment opportunity.; Landmark St. Louis restaurant with a strong 35‑year operating history.; Prime 2.2 acre lot at a signalized intersection offers high visibility.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Eddie Cherry
    Real Estate License ID: 2008027591
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!