2 McBride and Son Center Dr - Restaurant FOR SALE


Chesterfield, MO 63005
$3,875,000 USD
314-889-2555
2 McBride and Son Center Dr, Chesterfield, MO for Sale
$3,875,000 USD
Restaurant - FOR SALE
1/2
null | 5.25% Cap Rate

2 McBride and Son Center Dr
Chesterfield, MO 63005


HIGHLIGHTS

  • Rare opportunity to acquire the Fee Simple interest (NNN Leased) in a prime location in the Chesterfield Valley
  • The Chesterfield Valley features Chesterfield Commons, one of the largest outdoor strip mall in the United States
  • The Chesterfield trade area generates over $1 Billion in retail sales with over 6.6 million visitors annually
  • The Tenant, Brick House just exercised 5 year lease renewal option with $203,280 Net Operating Income

OVERVIEW

Marcus & Millichap is pleased to present a rare opportunity to acquire this NNN Leased restaurant property in Chesterfield, Missouri in one of the best retail corridors in the St Louis, Missouri metro area, Chesterfield Valley. The Property, located at 2 McBride & Son Center Drive features a 1.48-acre parcel with a 6,179 sf casual dining restaurant NNN leased to Brick House Tavern + Tap, one of 10 restaurant concepts operated by Kelly Companies of Southern California. The Tenant has successfully operated at this location since 1999, when it was rebranded from Joe’s Crab Shack to its current concept, Brick House Tavern + Tap. The Tenant currently pays $184,800 annual rent and has recently signed a 5 year extension for a 10% increase effective March 2027 increasing the annual rent to $203,280 annually. The Seller will credit the Buyer the difference in rent between close of escrow and rent renewal start date in March 2027. Located off I-64 in the Chesterfield Valley, with annual household incomes averaging $186,916 in a 1 to 3 mile radius. the property features frontage on Chesterfield Airport road across from Chesterfield Commons, one of the nation’s largest outdoor retail power centers with approximately 6.7 million annual visitors and over 1,664,564 square feet of retail featuring national tenants such as Walmart, Sam’s Club, Lowe’s, Best Buy, Dick's Sporting Goods, Ross Dress for Less, and national restaurant chains such as Chick Fil-A, Raising Cane’s, Culvers, Steak Shack, St Louis Bread Co (Panera). The Valley is a regional destination for shopping and dining, with The District on the north side of I-64, Top Golf, regional sports tournament fields, and major hotel chains.

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/SF

$627 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brick House Tavern + Tap- NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

FPNU

APN/PARCEL ID

17U-33-0178

ASK ABOUT THIS PROPERTY

Dave SaverinMarcus & MillichapMore Info
314-889-2555

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Dave SaverinMarcus & MillichapMore Info
314-889-2555

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