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32275195
32275196

1365 Jungermann Rd, Saint Peters, MO 63376

DS
MO 2008013520, KS 00249685 (+1)
Marcus & Millichap
SS
CA 01084092
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap, Marcus & Millichap - Palo Alto
$1,700,000
41 days on market
Updated 3 days ago

Vacant QSR- Former Freddy's Frozen Custard & Steakburgers

Details
APN 3-0010-8096-00-004-0000000
Property Type Retail
Sub Type Restaurant
Square Footage 3,328
Tenancy Vacant
Price per SqFt $511
Year Built 1998
Year Renovated 2013
Acreage 1.130
Zoning C-3
Investment Type Owner/User
Ground Lease No

Former Freddy's with Drive Thru | 3,328 SF on 1.13 acres

Marketing description

The subject property located at 1365 Jungermann Road in St Peters, Missouri was newly constructed in 1998 and features a 3,328 +/- square foot restaurant building with Drive Thru window situated on 1.13 +/- acres of land offering abundant on-site parking for 57 spaces (10 per 1,000 sq. ft). The large kitchen features three hoods, walk-in refrigerator, walk-in freezer with 3 Phase/800 Amp Power. The dining room offers seating capacity of 90+ people with both a men's and women's private restroom.

The Property is zoned C-3 Commercial and accommodates multiple other conforming uses such as Restaurants, Banks, Credit Unions and Healthcare. The previous Tenant, Freddy's Frozen Custard & Steakburgers performed an extensive remodel to the building in 2013 for their needs and operated it until February 2026.

National chains in the surrounding area include Walgreens, Advance Auto Parts, QuikTrip, Burger King, Steak N Shake, Taco Bell, Auto Zone, CVS and Schnucks Market.

The Property is located in in Saint Peters, MO an established bedroom community in St Charles County (St. Louis, Missouri MSA). The 3 mile population is 93,032 with 36,374 households reflecting average annual household income of $118,232. This property offers excellent frontage onto Jungermann Road, with a reported 23,874 daily vehicles close to the signalized intersection of McClay and Jungermann Road, a main retail corridor that connects to I-70 and 364 (aka Page Extension) Highway.

St. Peters has a reported city population of 61,400 making it the tenth-largest city in Missouri. It is home to St. Charles Community College, University of Missouri Extension, Lindenwood University and Art Institute of St. Louis.

The subject property offers the opportunity for a restaurant operator to own their own real estate or an "add value" investor who wants to lease the property to another retailer.

Investment highlights

  • Ideal Owner/User Opportunity
  • Existing dining room fixtures and kitchen equipment are included in the sale
  • Current zoning is C-3 that allows for multiple commercial uses
  • Rare Opportunity to acquire freestanding building with Drive Thru in St Peters, MO
  • Property priced under $35/sq. ft. for the improved land and building

Listing Contacts

DS
MO 2008013520, KS 00249685 (+1)
Marcus & Millichap
SS
CA 01084092
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap, Marcus & Millichap - Palo Alto

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Additional Information

Name
SAVERIN, DAVID
License
2008013520
Title
Broker of Record
Name
Dave Saverin
License
2008013520
Brokerage
Marcus & MIllichap
Brokerage Phone
(314)889-2555
Title
Real Estate Broker
Brokerage Address
7800 Forsyth Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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