180 Old Rte 66 Saint Robert, MO 65584
Property Lookup
Property profile & analytics
180 Old Rte 66 Saint Robert, MO 65584
- Drive through restaurants
- 3,544 SF
- 1.00 lot acres
Property ID
US48-1432671
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Drive through restaurants
Property Details for 180 Old Rte 66
- Year built
- 1986
- Lot size
- 1.00 lot acres
- Property size
- 3,544 SF
- Property type
- Drive through restaurants
- APN
- 10-8.0-28-002-002-001.001
- APU
- 108028002002001001
Description
This exceptional investment opportunity presents a 3,482 square foot Freddy's Frozen Custard & Steakburgers located at 180 Old Rte 66, Saint Robert, MO 65584. The property boasts a highly desirable Absolute NNN lease with 12+ years remaining, providing zero landlord responsibilities. The lease commenced December 5, 2016, and expires December 5, 2036, with built-in rent bumps of 8% every five years (the next increase is scheduled for December 2026). The tenant, Freddy's, has demonstrated a strong commitment to the location with a recent lease renewal and an eight-year operating history. Situated on one acre of land, this property benefits from exceptional highway visibility and accessibility, with convenient ingress/egress points along Old Route 66 and visibility from Interstate 44. The location is strategically positioned within the primary retail trade area serving Fort Leonard Wood, a major U.S. Army installation employing over 9,000 civilians and training 80,000-90,000 military personnel and civilians annually. The property features a drive-thru, a key component for quick-serve restaurants, and underwent parking lot renovations in 2024. The asking price is $2,350,000, representing a 6.15% cap rate and a current NOI of $144,559. The property was built in 1986 and renovated in 2017. Three additional five-year lease options exist, each with a 10% rent increase. This is a compelling investment opportunity in a high-growth franchise within a strong, stable market.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Saint Robert
- County
- Pulaski
- State
- Missouri
- Longitude
- -92.1463
- Latitude
- 37.8221
- CBSA code
- 22780
- CBSA name
- FORT LEONARD WOOD, MO MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$6,318
$36,000
$109,101
$145,101
-
$112,500
$340,940
$453,440
