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Freestanding Steak 'n Shake Restaurant
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999 veterans blvd, Festus, MO 63028

Single-tenant restaurant near Interstate 55 and established national retailers in Festus, Missouri.

Property SizeContact for details
Days on Market143

Property Features for 999 veterans blvd

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: CBRE - Saint Louis
Listed By: Paul Fusz · License #MO
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 9:38AM

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 CBRE - Saint Louis

Investment Insights

Based on property information with market context.

The property is a freestanding Steak 'n Shake restaurant at 999 Veterans Boulevard in Festus, Missouri. The offering includes the fee simple interest in the property and is being presented free and clear of debt. The asset is occupied by Steak 'n Shake as its operating tenant.

Festus is situated southwest of the St. Louis metropolitan area in Jefferson County, approximately 40 minutes from downtown St. Louis. The city is located near Interstate 55, which carries 47,000 VPD through the area. Festus serves as a retail hub for surrounding communities, with Walmart approximately 25 minutes away by car. Nearby national retailers include Home Depot, Lowe's, Schnucks, Hood's, ALDI, and multiple national fast-food operators.

Key Highlights

  • Freestanding Steak 'n Shake restaurant at 999 Veterans Boulevard
  • Fee simple interest offered free and clear of debt
  • Located in Festus, southwest of the St. Louis metropolitan area

Property Analytics

Current Use

Steak 'n Shake Restaurant

Suggested Use

Top Pick Auto Parts Store Storage Facility HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
432k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 21% Home Improvements & Furnishings 14% Groceries 11%
Schnucks Groceries
46,532 visits/mo 0.2 miles
McDonald's Dining
33,772 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
30,674 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
29,157 visits/mo 0.4 miles
Phillips 66 Shops & Services
23,816 visits/mo 0.1 miles

Demographics for 63028, MO

27,924
Population
11,390
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
91%
High-School Grad
125.8 sq mi
ZIP Area
222
Density / Sq Mi
$76,468
Median Household Income
$46,341
Median Earnings
$937
Median Rent
$221,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-tenant restaurant near Interstate 55 and established national retailers in Festus, Missouri.
Where is this conventional restaurant located?
The property is located at 999 veterans blvd Festus, MO.
What are key features of this property?
This property features: Freestanding Steak 'n Shake restaurant at 999 Veterans Boulevard; Fee simple interest offered free and clear of debt; Located in Festus, southwest of the St. Louis metropolitan area
(314) 655-6000 Call to check price and availability
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