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Wendy's Ground Lease 3801 Gravois Ave 3,486 SF Retail Building Saint Louis, MO 63116 $1,513,000 ($434.02/SF) 5.50% Cap Rate
Investment Highlights
- Absolute NNN Ground Lease to Wendy's with a Corporate Guaranty - Approx. 4 Years Remaining
- Wendy's Has Been Operating at this Location Since 2010 & Remodeled the Building in 2024
- Hard Corner Location with Prominent Signage and Multiple Access Points Outparcel to ALDI-Anchored Gravois Plaza
- Below Market Rent with Future Upside
- Dense, Infill Location with High Barriers to Entry and Strong Frontage Along Gravois Ave / U.S. Route 66, which Leads Directly to Downtown St. Louis
- 4 Miles from Downtown St. Louis - Located on the "Going Home" Side of Traffic
Executive Summary
In Association with ParaSell, Inc. | A Licensed Missouri Broker #2019035835
Property Facts
Amenities
- Pylon Sign
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
- -
- -
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Lorem Ipsum
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Jan 0000
Wendy's began in 1969 when Dave Thomas opened the first Wendy's Old Fashioned Hamburgers restaurant in Columbus, Ohio. The company operates a quick-service restaurant system built around company-operated and franchised locations, with a presence across the United States and international markets. Wendy's menu centers on made-to-order square hamburgers with fresh beef, along with chicken sandwiches and nuggets, Baconator items, Frosty desserts, and other core menu offerings. The company pursues ongoing menu development and expansion across the global restaurant system, reflecting a business focused on burgers, chicken, desserts, and franchise operations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4189-00-0020-0 | Improvements Assessment | $182,300 |
| Land Assessment | $40,500 | Total Assessment | $222,800 |
Property Taxes
Presented by
Wendy's Ground Lease | 3801 Gravois Ave
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