651 Salt Lick Rd | Saint Peters, MO 63376
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- LoopNet Team
651 Salt Lick Rd
Saint Peters, MO 63376
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease with 18+ Years Remaining | Four (4) additional Five (5)-Yr Options | New 20 Year Lease Signed in 2020
- Proven Resiliency | Sonic is Pandemic, E-Commerce, & Recession Resistant | Strong National QSR Brand with Significant Momentum
- Excellent Demographics | Over 172,965 People live in a 5-Mile Radius of the Subject Sonic with an Avg. HH Income of $111,391
- 2% Annual Rental Increases | Strong & Above Market Hedge Against Inflation
- 50+ Unit Guarantee | Experienced & Growing Sonic Franchisee with Strong Financials
- Sonic Acquired by Inspire Brands in 2018 | Inspire Brands Portfolio Includes Arby’s, Dunkin’, Jimmy John's, Buffalo Wild Wings, Baskin, Rusty Taco
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,508 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.82 AC
Zoning
C-2 - General Commercial
Parking
23 Spaces (15.25 Spaces per 1,000 SF Leased)
Frontage
164’ on Salt Lick Road
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 2-0061-8078-00-0004.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $200,567 |
Property Taxes
Parcel Number
2-0061-8078-00-0004.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$200,567
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