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31534370
31534369

317 Mid Rivers Mall Dr, St. Peters, MO 63376

SR
MO MO - 2019035835, CA CA - 02101543 (+42)
ParaSell Inc
KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
The Kase Group
Listed by ParaSell Inc, The Kase Group
$2,888,889
58 days on market
Updated 56 days ago

Red Robin

Details
Property Type Retail
Sub Type Restaurant
Square Footage 6,280
Cap Rate 6.75%
NOI $195,000
Occupancy 100%
Tenancy Single
Brand/Tenant Red Robin
Lease Type Absolute NNN
Lease Expiration 08/31/2038
Remaining Term 12.3
Rent Bumps Yes
Lease Options Four, 5-Year
Price per SqFt $460
Acreage 1.860
Investment Type Core
Tenant Credit Corporate Guarantee

Absolute NNN Lease | 6.75% CAP | Annual Increases

Marketing description

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.

Investment highlights

PROPERTY 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)
  • Strong Surrounding Demographics
  • Located in a Dense Retail Trade Area

Listing Contacts

SR
MO MO - 2019035835, CA CA - 02101543 (+42)
ParaSell Inc
KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
The Kase Group
Listed by ParaSell Inc, The Kase Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$195,000.00
$16,250.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Scott Reid
License
MO - 2019035835
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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