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Starbucks - Sappington, MO 5266 S Lindbergh Blvd 2,600 SF Retail Building Sappington, MO 63126 $3,133,858 ($1,205.33/SF) 6.35% Cap Rate
Investment Highlights
- 10+ years remaining on the rare Double Net (NN) Lease with Starbucks Corporation (BBB+) featuring 7.5% rent increases every 5 years.
- Pad site to Ronnie’s Plaza, which drew over 191,000 visits and 144,000 visitors monthly, demonstrating its strength as a community retail hub.
- Trade area boasts a stable population of over 136,000 with a projected median household income surpassing $100,000 by 2028.
- Premier visibility along S. Lindbergh Blvd with 19,576 vehicles per day, a trophy drive-thru location at one of South St. Louis County.
- Strategically located within walking distance of Ronnie’s Cinema (Marcus IMAX), a beloved, high-traffic landmark since 1948.
Executive Summary
Sands Investment Group is pleased to present the exclusive offering of 5266 Lindbergh Boulevard, a newly constructed Starbucks with a drivethru, located in Ronnie’s Plaza in Sappington, Missouri. The property is backed by a long-term and rare 11-year corporate Double Net (NN) Lease with Starbucks Corporation, offering investors passive income from a premier global brand with over 40,000 locations worldwide.
Situated within a recently redeveloped shopping center, Ronnie’s Plaza has seen a dramatic transformation under new ownership, with updated facades, signage, and tenant mix that elevated occupancy from 60% to 98% in less than a year. Tenants benefit from consistent foot traffic generated by the adjacent 20-screen theater and dense surrounding retail. Positioned along S. Lindbergh Blvd, a main retail artery in South County, the center draws over 2 million visitors annually and features ample parking with over 900 spaces.
Originally opened in 1948 as Ronnie’s Drive-In, the site has long served as a community staple for entertainment and gathering. Today, Ronnie’s Plaza continues that legacy through strategic reinvestment, the high-performing Ronnie’s Cinema Marcus IMAX theater, and a diverse tenant mix. This Starbucks offering presents an ideal opportunity for investors seeking long-term income stability in one of St. Louis’ most recognizable and high-traffic retail corridors.\
In Cooperation With Sands Investment Group, Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
Situated within a recently redeveloped shopping center, Ronnie’s Plaza has seen a dramatic transformation under new ownership, with updated facades, signage, and tenant mix that elevated occupancy from 60% to 98% in less than a year. Tenants benefit from consistent foot traffic generated by the adjacent 20-screen theater and dense surrounding retail. Positioned along S. Lindbergh Blvd, a main retail artery in South County, the center draws over 2 million visitors annually and features ample parking with over 900 spaces.
Originally opened in 1948 as Ronnie’s Drive-In, the site has long served as a community staple for entertainment and gathering. Today, Ronnie’s Plaza continues that legacy through strategic reinvestment, the high-performing Ronnie’s Cinema Marcus IMAX theater, and a diverse tenant mix. This Starbucks offering presents an ideal opportunity for investors seeking long-term income stability in one of St. Louis’ most recognizable and high-traffic retail corridors.\
In Cooperation With Sands Investment Group, Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Year Built
2025
Price
$3,133,858
Price Per SF
$1,205.33
Cap Rate
6.35%
NOI
$199,000
Tenancy
Single
Building Height
1 Story
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Starbucks
- Accommodation and Food Services
- 2,600 SF
- $76.54
- Double Net
- May 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Starbucks | Accommodation and Food Services | 2,600 SF | $76.54 | Double Net | May 2036 |
Nearby Major Retailers
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Starbucks - Sappington, MO | 5266 S Lindbergh Blvd
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