For Sale
$1,417,960

3852 Lindell Blvd St St. Louis, MO 63108

High-growth QSR, 20-year lease, 7.5% cap rate

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a 2,100 square foot Crazy Bowls & Wraps restaurant in St. Louis, MO. Located at 3852 Lindell Blvd, this property sits on a 0.18-acre lot and boasts a 20-year triple-net (NNN) lease commencing April 1, 2024, and expiring April 1, 2044, with a remaining term of approximately 19.4 years. The current annual net operating income (NOI) is $106,347, representing a 7.50% capitalization rate. The lease includes a highly attractive 1% annual rent increase, ensuring consistent growth in rental income over the lease term, rising to $128,479 by year 20. The tenant, Crazy Bowls & Wraps, is a rapidly expanding fast-casual brand with a strong corporate guarantee, providing significant financial security for the investor. Built in 1961, this property offers a completely hands-off investment experience with zero landlord responsibilities, making it an ideal choice for long-term investors seeking stable, predictable cash flow and significant appreciation potential. The property is currently 100% occupied.

Property Details for 3852 Lindell Blvd St

Property type
Retail properties
Square Feet
2,100 SF
Year Built
1961
Lot Size (sq. ft)
7,841 SF

Location Insight

City
St. Louis
County
State
Missouri
Latitude
38.638476
Longitude
-90.2404866
3852 Lindell Blvd St, St. Louis, Missouri

FAQs

What type of property is this?
Retail property - High-growth QSR, 20-year lease, 7.5% cap rate
Where is the retail property located?
The property is located at 3852 Lindell Blvd St St. Louis, MO.
What is the asking price?
The asking price for this property is $1,417,960.
How can I contact the broker?
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3852 Lindell Blvd St
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