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Andy’s Frozen Custard | O’Fallon, MO 2892 Highway K

1,400 SF Retail Building O'Fallon, MO 63368 $1,767,000 ($1,262/SF) 6% Cap Rate

Retail Buildings Missouri O'Fallon 2892 Highway K, O'Fallon, MO 63368

Investment Highlights

  • New Construction Single-Tenant Andy’s Frozen Custard: New 10-year absolute NNN ground lease; zero landlord responsibilities
  • Freeway Accessible: The subject property is less than 0.5 miles north of Highway 364, which connects O’Fallon to Downtown St. Louis
  • Excellent Visibility Along Highway K (41,000 CPD), a High Traffic and Dominant Retail Corridor in the Region
  • St. Louis Metropolitan Region; Dense, Affluent Trade Area: 171,619 people within a 5-mile radius and AHHI’s of $132,499 within a 3-mile radius

Executive Summary

New 10-Year Absolute NNN Ground Lease | Dominant Retail Corridor | Dense, Affluent St. Louis Suburb; $132K+ AHHI

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,400 SF
Building Class
C
Year Built
2024
Price
$1,767,000
Price Per SF
$1,262
Cap Rate
6%
NOI
$106,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Land Acres
3.65 AC

Amenities

  • Drive Thru

Links

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2892 Highway K, O'Fallon, MO - aerial map view - Image1
2892 Highway K, O'Fallon, MO - aerial map view - Image2
2892 Highway K, O'Fallon, MO - aerial map view - Image3
2892 Highway K, O'Fallon, MO - aerial map view - Image4

Nearby Major Retailers

Commerce Bank
Dierbergs
WW
Regions Bank
Tacos 4 Life
Burn Bootcamp
Bank of America
Cyclebar
Pickleman's Gourmet Cafe
U.S. Bank
(844) 585-7682

  • Listing ID: 33950623

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 2892 Highway K, O'Fallon, MO 63368

More public record information on 2892 Highway K, O'Fallon, MO 63368

The Retail Property at 2892 Highway K, O'Fallon, MO 63368 is currently available For Sale. Contact Hanley Investment Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2892 Highway K, O'Fallon, MO for sale Primary Photo- Image 1 of 7
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2892 Highway K, O'Fallon, MO for sale Site Plan- Image 2 of 7
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2892 Highway K, O'Fallon, MO for sale Aerial- Image 3 of 7
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2892 Highway K, O'Fallon, MO for sale Aerial- Image 4 of 7
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2892 Highway K, O'Fallon, MO for sale Aerial- Image 5 of 7
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2892 Highway K, O'Fallon, MO for sale Aerial- Image 6 of 7
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Andy’s Frozen Custard | O’Fallon, MO | 2892 Highway K
(844) 585-7682 x

Andy’s Frozen Custard | O’Fallon, MO | 2892 Highway K

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Jeff Lefko

(844) 585-7682

(844) 585-7682

Bill Asher

(844) 585-7684

(844) 585-7684

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