12235 St. Charles Rock Rd - Restaurant FOR SALE


Bridgeton, MO 63044
$4,147,000 USD
314-236-5471
12235 St. Charles Rock Rd, Bridgeton, MO for Sale
$4,147,000 USD
Restaurant - FOR SALE
1/7
null | 9.5% Cap Rate

12235 St. Charles Rock Rd
Bridgeton, MO 63044


HIGHLIGHTS

  • Absolute NNN lease with 2% annual increases and no landlord responsibilities.
  • Corporate-guaranteed lease backed by Red Lobster.
  • Excellent visibility along St. Charles Rock Road and proximity to McKelvey Rd with lighted access.
  • Outlot location to Target within a busy retail destination corridor in northwest St. Louis County.
  • Current term runs through July 2034, with four additional five-year renewal options.
  • High-yield investment with strong Year-over-Year traffic growth of 12%+.

OVERVIEW

This single-tenant Red Lobster property in Bridgeton, Missouri offers a compelling investment with long-term stability. The asset features an Absolute NNN lease with zero landlord responsibilities, making it a truly passive income opportunity. The lease includes 2% annual rent increases, guaranteeing consistent revenue growth over time. Corporate-guaranteed by Red Lobster, this property provides security and credit-backed reliability for investors seeking durable returns. The location is a prime outlot to a well-trafficked Target in a strong retail corridor along St. Charles Rock Road, providing direct visibility as well as convenient access from McKelvey Road and a lighted intersection at the rear. Surrounding tenants include national brands such as Aspen Dental, Panera Bread, Walgreens, Chick-fil-A, and Kohl’s, reinforcing the area’s retail synergy and consumer traffic. With a cap rate exceeding 9.5%, strong fundamentals, and a lease term extending through July 2034 with four five-year renewal options, this property is well-positioned for both stability and upside.

FOR SALE DETAILS

PRICE

$4,147,000 USD

PRICE/SF

$486 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

10B-2

APN/PARCEL ID

11N-51-0221

ASK ABOUT THIS PROPERTY

Kyle PershingCushman & WakefieldMore Info
314-236-5471

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Kyle PershingCushman & WakefieldMore Info
314-236-5471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.