$1 Auction - REIT Sale | Former Hardee’s 1849 E 9th St 3,740 SF Retail Building Trenton, MO 64683 $175,000 ($46.79/SF)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing restaurant/QSR retail building located at 1849 E 9th Street in Trenton, Missouri 64683 (the “Property”). Formerly occupied by Hardee’s, the Property is being offered significantly below replacement cost, presenting a compelling opportunity for owner-users, investors, or developers to acquire a highly visible retail asset at an attractive basis. FIRST BID MEETS RESERVE!
Constructed in 1976, the Property consists of a ±3,740-square-foot, single-story restaurant building situated on a ±0.94-acre parcel (±40,848 SF). Located at the hard-corner intersection of East 9th Street and Kitty Street, the site benefits from excellent visibility, convenient accessibility, and approximately ±10,023 VPD along Trenton’s primary commercial corridor. The Property features three points of ingress and egress, a pylon sign, and approximately 45 surface parking spaces. Previously leased on a triple-net (NNN) basis to Hardee’s, the Property presents a value-add leasing opportunity, with CoStar-estimated retail rents ranging from approximately $10 to $13 per square foot NNN. Existing improvements include a commercial kitchen, drive-thru lane, dining area, and restaurant infrastructure, significantly reducing the time and capital required for a new operator to occupy the space. Zoned B3, general commercial, and positioned as an outparcel to a Hy-Vee-anchored retail center, the Property benefits from established retail synergy, consistent consumer traffic, and flexible re-use or redevelopment potential.
The Property is located in Trenton, Missouri, the county seat of Grundy County and a regional commercial hub serving North Central Missouri. Positioned along East 9th St (Route 6), the community’s primary east/west corridor, the Property benefits from exceptional visibility and accessibility. The site is strategically located as an outparcel to a Hy-Vee-anchored retail center and is situated at the hard-corner intersection of East 9th St and Bulldog Dr, generating consistent daily traffic from local residents, commuters, and regional consumers. The Property also benefits from convenient access to US-65 (±¼-mile), providing connectivity to Kansas City, Des Moines, and other major Midwest markets. The immediate trade area is anchored by a strong concentration of national and regional retailers, restaurants, healthcare providers, and service-oriented businesses, reinforcing the corridor’s role as the area’s primary retail destination. Nearby demand drivers include Wright Memorial Hospital (±2-mi), a critical regional healthcare provider serving Grundy County and surrounding communities, as well as Trenton Municipal Airport (±1-mi), which supports local business and general aviation activity. The Property’s location within the Kansas City DMA further enhances its exposure and regional connectivity. Trenton serves as the primary retail, healthcare, education, and service center for a multi-county trade area throughout North Central Missouri. Supported by a stable agricultural economy, healthcare employment base, and regional consumer draw, the market benefits from limited competing retail inventory and consistent demand for restaurant, retail, and service-oriented uses. Combined with its hard-corner location, established retail synergy, drive-thru infrastructure, and proximity to major transportation corridors, the Property is well positioned for restaurant reuse, lease-up, or alternative commercial redevelopment strategies.The Property serves more than 6,000 residents within a 5-mi radius with average household incomes exceeding $66k, creating an attractive opportunity for lease-up, repositioning, or alternative commercial redevelopment.