Wendy's Ground Lease
St. Louis
,
MO
Missouri
Call for Details
$
1,513,000
Call for Details
5.50
%
CAP Rate

Established Wendy's Drive-Thru
with Convenient Access at a Signalized, Hard Corner
Outparcel to ALDI-Anchored Gravois Plaza
1.3M Annual Visits (per Placer.ai)
Remodeled in 2024
Property details
- Absolute NNN Ground Lease to Wendy’s with a Corporate Guaranty
- Approximately 4 Years Remaining
- Below Market Rent with Future Upside
- Wendy’s has Been Operating at this Location Since 2010 & Remodeled the Building in 2024
- Recently Exercised their First Option, Showing their Long-Term Commitment to the Site
- Dense, Infill Location with High Barriers to Entry
- Strong Frontage with Prominent Pylon Signage Along Gravois Ave / U.S. Route 66
- Major Thoroughfare Leading Directly into Downtown St. Louis (4 Miles)
- Strategically Positioned on the “Going Home” Side of the Major Commuting Arterial
- Hard Corner Location with Multiple Access Points Outparcel to Gravois Plaza
- Anchored by ALDI, with Hollywood Beauty, Dollar Tree, Shoe Carnival, U.S. Bank, and More
- 1.3 Million Annual Visits (per Placer.ai)
- Additional Surrounding Retailers include Schnucks, QuikTrip, Burger King, White Castle, KFC, & More
- 1 Mile from Roosevelt High School and 1.5 Miles from St. Mary’s South Side Catholic High School
- St. Louis is the Second-Largest City in Missouri
- Population of ~280,000 & MSA Population of ~2.8 Million
In Association with ParaSell, Inc. | A Licensed Missouri Broker #2019035835
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
Broker / ParaSell, Inc.
MO RE Lic#2019024102

