5600 S Grand Blvd - Fast Food FOR SALE
Saint Louis, MO 63111 |
5600 S Grand Blvd
Saint Louis, MO 63111
HIGHLIGHTS
- The corporately-backed lease is executed by the operator and franchisor of all Jack in the Box restaurants
- Jack in The Box has been in continuous operation at this location since 1991 (30+ years) & a track record of extending their lease, most recently 2019
- The fee simple build-to-suit ownership structure coupled with an absolute-net lease offers tax shelter via depreciation & zero landlord responsibility
- The property sits at the highly visible, hard corner intersection of Grand Blvd. and Bates St.
- Densely populated, downtown St. Louis neighborhood with over 23,000 people in the 1-mile radius
- The property is situated less than 5-mi from downtown St Louis and less than 1-mile from Interstate 55, a major north-south corridor over 100,000 VPD
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Jack in the Box
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2750
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
2874-00-0210-0
