1698 Country Club Plaza Dr Saint Charles, MO 63303
- Retail properties
- 1.07 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1698 Country Club Plaza Dr
- Year built
- 2025
- Lot size
- 1.07 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a newly constructed 7 Brew Coffee shop in St. Charles, Missouri, situated within the St. Louis MSA. The property boasts a 1.07-acre lot and features a 10-year absolute NNN ground lease commencing April 28, 2025, and expiring April 30, 2035, with four 5-year renewal options. The lease includes a 10% rent increase every five years, ensuring consistent income growth. The current Net Operating Income (NOI) stands at $120,000, yielding a 6.25% cap rate on the $1,920,000 asking price. This is a passive investment; 7 Brew is responsible for all property taxes, insurance, and common area maintenance (CAM) expenses. The property enjoys a prime location on heavily trafficked Missouri Route 94 (41,422 ADT), surrounded by national retailers such as Jimmy John's, Dollar General, McAlister's Deli, Pizza Hut, and QuickTrip. The surrounding area boasts strong demographics, with an average household income of $122,894 within a 3-mile radius. The property's APN is 3-0003-5835-00-0005.0000000. This is an ideal opportunity for investors seeking a low-management, high-return investment with a strong tenant and favorable lease terms. The property address is 1698 Country Club Plaza Dr, Saint Charles, MO 63303.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Charles
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.5236
- Latitude
- 38.7687
