5240 Towne South Rd - Fast Food FOR SALE


Saint Louis, MO 63128- Concord
$4,235,294 USD
781-776-4003
5240 Towne South Rd, Saint Louis, MO for Sale
$4,235,294 USD
Fast Food - FOR SALE
1/5
null | 4.25% Cap Rate

5240 Towne South Rd
Saint Louis, MO 63128
Concord


HIGHLIGHTS

  • New Construction Ground Lease
  • Attractive Rent Increases
  • Best-In-Class Tenant
  • Prime Retail Location
  • Strong Demographics
  • Exceptional Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction Chick-fil-A located at 5240 Towne South Road in St. Louis, Missouri (the “Property”). The free-standing single tenant Chick-fil-A consists of a 5,040 square foot building with a double drive thru. Chick-fil-A has a new 15-year Absolute NNN Ground Lease with twelve (12), 5-year renewal options. The lease calls for attractive 7.5% rent increases every five years throughout the base term and renewal options. The Property is currently under construction and has an anticipated rent commencement date of September 1, 2025. The new construction Chick-fil-A is prominently located along Tesson Ferry Road (MO Route 21) at the signalized intersection with Schuessler Road, offering excellent visibility, strong frontage, and convenient access in a heavily trafficked corridor of South St. Louis County. The Property is ideally positioned directly across from Mercy Hospital South, a major regional healthcare facility that generates significant daily traffic from staff, patients, and visitors. Located within a densely populated suburban area, the site is surrounded by established residential neighborhoods and a mix of national retailers, medical offices, and service-oriented businesses. With close proximity to Interstate 270 and direct frontage along MO-21, the site offers exceptional accessibility and visibility, making it a prime location for Chick-fil-A’s continued growth in the St. Louis market.

FOR SALE DETAILS

PRICE

$4,235,294 USD

PRICE/SF

$840 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,456 SF

ZONING

-

APN/PARCEL ID

29L-14-0452

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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