317 Mid Rivers Mall Dr Saint Peters, MO 63376-1516
Property profile & analytics
317 Mid Rivers Mall Dr Saint Peters, MO 63376-1516
- Turn key restaurants
- 6,280 SF
- 1.87 lot acres
Property ID
US48-0999724
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
- Red Robin Gourmet Burgers and Brews / Restaurant
Property Details for 317 Mid Rivers Mall Dr
- Year built
- 2003
- Lot size
- 1.87 lot acres
- Property size
- 6,280 SF
- Property type
- Turn key restaurants
- APN
- 2-0111-9209-00-0002.0000000
- APU
- 9223372036854775807
Description
This exceptional investment opportunity presents the fee simple ownership of a freestanding Red Robin restaurant in St. Peters, Missouri. The property boasts a 6,621 square foot building on a 1.87-acre lot, featuring 188 parking spaces and excellent visibility along Mid Rivers Mall Drive (31,800 vehicles per day). The property benefits from its location within a dense retail corridor, anchored by a major shopping mall with over 1 million square feet of retail space and 5 million+ annual visits. The Red Robin lease is absolute NNN, with a corporate guarantee, providing a management-free investment. The current lease term extends to June 30, 2038, with 13.6 years remaining and four 5-year renewal options. The lease includes 10% rental increases every five years, ensuring consistent NOI growth and inflation protection. The property's strong location is further enhanced by its proximity to Interstate 70 (75,300 vehicles per day) and a dense residential area with over 165,500 residents and 65,100 employees within a 5-mile radius, boasting an average household income of $120,846. The property's current NOI is $195,000, resulting in a 6.50% cap rate. Built in 2003, the property is zoned C-2 Commercial and has a parcel number of 2-0111-9209-00-0002.0000000. This is a rare opportunity to acquire a high-performing, passively managed investment property in a prime location with a strong tenant and significant growth potential. The asking price is $3,000,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,604,000
- AI Estimate
- $2,604,000
Market price range: $799k - $3.28MMarket price range: $799k - $3.28M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saint Peters
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.6246
- Latitude
- 38.7931
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN 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
0
$0.00
$0.00
$0.00
$533,714
-
$814,570
$853,291
$1,667,861
