1111 S Perryville Blvd - Fast Food FOR SALE
Perryville, MO 63775 |
$2,803,000 USD
602-687-6650
1111 S Perryville Blvd
Perryville, MO 63775
HIGHLIGHTS
- Brand New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
- New 2025 High-Quality Construction with a Drive-Thru and Outdoor Patio
- 7.5% Rental Increases Every 5 Years with Multiple Renewal Options
- Frontage Along Perryville Blvd/MO-51, One of the City’s Primary Thoroughfares
- Situated Immediately Off Interstate 55, Providing a Direct Route North to St. Louis
- Adjacent to Montenot Meadows, a New 40-Unit Duplex Development Currently Under Construction
OVERVIEW
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.”
Perryville is a city in Perry County, Missouri, United States, home to 8,555 people as of the 2020 United States census. The city is located in southeast Missouri, approximately 70 miles south of St. Louis.
FOR SALE DETAILS
PRICE
$2,803,000 USD
PRICE/SF
$1,147 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.8 AC
LAND SF
34,848 SF
ZONING
-
APN/PARCEL ID
11-7.0-025-002-002-004.00000
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602-687-6650
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602-687-6650
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