429 Veterans Memorial Pkwy Warrenton, MO 63383-1062
This exceptional investment opportunity presents a free-standing Denny's restaurant building in Warrenton, Missouri, situated on a 1.3-acre lot. The 5,265 square foot building, constructed in 1998 and renovated in 2015, boasts a Class B rating and is zoned C-3 Highway Commercial. Benefitting from its prime location, the property enjoys exceptional visibility along Interstate 70, with exposure to an estimated 42,364 vehicles daily. Ample parking is provided with approximately 87 spaces. Two pylon signs, one facing the interstate and another on the access road, enhance visibility and brand recognition. All furniture, fixtures, and equipment (FF&E) are included in the sale. The current tenant will vacate upon closing. This single-story building is part of a thriving market within the St. Louis Metropolitan Statistical Area (MSA). The property's address is 429 E Veterans Memorial Pkwy, Warrenton, MO 63383, and its APN is 05210300002001000. This turnkey operation presents a rare chance to acquire a well-established restaurant with significant growth potential. The asking price is $950,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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