9838 Watson Rd | Saint Louis, MO 63126
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- LoopNet Team
9838 Watson Rd
Saint Louis, MO 63126
Red Lobster · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term, Absolute Triple-Net (NNN) Lease with Approximately 24 Years Remaining on the Base Term
- Attractive Rental Increases of Two Percent (2.00%) Annually
- Dense Retail Corridor | Walmart, Chick-fil-A, Burger King, McDonald’s, Applebee’s, Walgreens, Starbucks, Lowe’s, Home Depot and Many More
- Corporate Tenant | Corporate Guaranty
- Four (4), Five (5)-Year Tenant Renewal Options
- Heavily Trafficked Area | I-44 and Watson Road | Average Daily Traffic Counts Exceeding 105,750 and 23,500, Respectively
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,625 SF
Building Class
B
Year Built/Renovated
1975/2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.75 AC
Zoning
B
Frontage
197’ on Watson Rd
AMENITIES
- Bus Line
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 25M-32-0642 | Improvements Assessment | $506,980 |
| Land Assessment | $317,120 | Total Assessment | $824,100 |
PROPERTY TAXES
Parcel Number
25M-32-0642
Land Assessment
$317,120
Improvements Assessment
$506,980
Total Assessment
$824,100
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