317 Mid Rivers Mall Dr - Restaurant FOR SALE


Saint Peters, MO 63376
$2,888,889 USD
925-348-1844
317 Mid Rivers Mall Dr, Saint Peters, MO for Sale
$2,888,889 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

317 Mid Rivers Mall Dr
Saint Peters, MO 63376


HIGHLIGHTS

  • New 15 Year Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee
  • High Traffic Location - Over 31,800 VPD and Immediate access to I-70 (75K+ VPD)
  • Dense Retail Location
  • Strong Surrounding Demographics

OVERVIEW

This is a strong opportunity to acquire a Red Robin in St. Peters, Missouri. The absolute NNN lease has zero landlord obligations. The lease is corporately guaranteed by Red Robin. The lease includes 10% rent increases every five years and four additional five-year renewal options, creating built-in growth and long-term upside. The property sits in a highly visible location along Mid Rivers Mall Drive, with traffic counts exceeding 31,800 vehicles per day. It also offers direct access to Interstate 70, which sees approximately 75,300 vehicles daily, giving the site strong exposure to both local traffic and regional commuters. The surrounding corridor is a well-established suburban retail area with consistent demand and strong customer flow. The asset is positioned next to Mid Rivers Mall, a major shopping destination that attracts more than 5 million visits annually. This steady draw brings significant traffic to the immediate area and supports the tenant’s long-term performance. Strong surrounding demographics further reinforce the stability of the location and continued viability of the investment.

FOR SALE DETAILS

PRICE

$2,888,889 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Robin Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

188

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

C-2

APN/PARCEL ID

2-0111-9209-00-0002.0000000

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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