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TGI Fridays 2000 S 1st Capitol Dr 7,158 SF Retail Building Saint Charles, MO 63303 $2,800,000 ($391.17/SF) 7.50% Cap Rate

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EXECUTIVE SUMMARY

Current Real Estate Advisors is pleased to present the opportunity to acquire the TGI Friday’s SLB Portfolio (the “Properties”), a select pair of freestanding retail buildings located in St. Charles (St. Louis MSA) & Columbia, Missouri. The Properties are available for acquisition together as a portfolio or individually.
These Sale-Leaseback offerings include brand new Absolute NNN leases (no Landlord responsibilities) that will be signed at the Close of Escrow. Further, they will benefit from brand-new 10-Year terms with attractive 2% annual bumps. Additionally, the leases will also include 2, 5-year Options – demonstrating this proven operator’s commitment to the locations.
This TGI Friday’s SLB Portfolio presents a unique opportunity for an astute investor to acquire strategically distributed real estate in Missouri (or to hand pick their desired location for an individual acquisition), including a pair of assets with long-term stability, stable cash flow and a resilient operator.
Strong Operating History - Both of these TGI Friday’s restaurants have been in operation for 20+ years at these locations, providing proof of concept and showcasing their strong and loyal clientele.
Secure + Steady Income Stream - Each location will benefit from a brand-new Absolute NNN 10-year lease that will be signed at the close of escrow, with zero landlord responsibilities, providing genuinely passive income.
Robust RE Fundamentals - These assets are sited in areas with favorable location dynamics – high traffic counts, new development, attractive visibility and exposure, and within carefully selected submarkets that boast a reliable and proven customer base.
Attractive Yield - This TGI Friday’s Portfolio provides an investor with a lucrative return on their capital investment and attractive annual increases, allowing the new owner to maximize their future cash flow and hedge against inflation.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,158 SF
Building Class
B
Year Built
1998
Price
$2,800,000
Price Per SF
$391.17
Cap Rate
7.50%
NOI
$210,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.83 AC
Zoning
B-3 - GENERAL BUSINESS
Parking
162 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
114’ on First Capitol Dr

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 7,158 SF
  • Restaurant
  • -
  • Now
Space Size Space Use Position Available
1st Floor 7,158 SF Restaurant - Now

1st Floor

Size
7,158 SF
Space Use
Restaurant
Position
-
Available
Now

NEARBY MAJOR RETAILERS

Regions Bank
Fazoli's
7 Brew Coffee
First Horizon Bank
Mcalister's Deli
Burn Boot Camp

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-0011-7940-00-001B.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$583,054
  • Listing ID: 35555296

  • Date on Market: 4/18/2025

  • Last Updated:

  • Address: 2000 S 1st Capitol Dr, Saint Charles, MO 63303

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