105 Highway 50 O'Fallon, IL 62269
This exceptional investment opportunity presents a newly constructed, 2,294-square-foot Starbucks located in O'Fallon, Illinois, a thriving community 15 miles east of downtown St. Louis. Boasting a prime location on East Highway 50 (14,400 vehicles per day), this property benefits from exceptional visibility and accessibility, further enhanced by its proximity to Interstate 64 (58,600 VPD). The site is strategically positioned within O'Fallon's primary retail and commercial corridor, surrounded by a robust mix of national and local businesses including McDonald's, First Bank, AutoZone, and Hardee's, ensuring a strong built-in customer base. This Starbucks is the only location north of Interstate 64 within O'Fallon, serving a substantial residential population of over 4,400 households within a one-mile radius. The affluent demographics of the area, with a 3-mile radius population of 40,144 and an average household income of $126,543, further solidify the investment potential. The property sits on a 1.3-acre lot and features a 10-year net lease with a 7.5% rent increase in year 6 (2029) and four 5-year options. The current asking price is $2,666,700, representing a 6.00% cap rate and a net operating income (NOI) of $160,000. This is a rare opportunity to acquire a high-performing, established brand in a strong retail market with significant long-term growth potential. The property was built in 2024.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.