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2182 N Hwy 67
Florissant, MO 63033
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Absolute NNN lease with zero landlord obligations
- Located on a high-traffic corridor with 30.8K cars/day
- Corporate-guaranteed lease by Checkers Drive-In Restaurants
- Surrounded by national retailers in a dense trade area
EXECUTIVE SUMMARY
Positioned along one of St. Louis’s most active retail corridors, 2182 N Highway 67 offers investors a rare opportunity to acquire a stabilized, single-tenant asset with a corporate-guaranteed lease from Checkers Drive-In Restaurants, Inc. The property benefits from an absolute NNN lease structure, eliminating landlord responsibilities for maintenance or management, and ensuring predictable cash flow through October 2028. With three five-year renewal options in place, the long-term tenancy outlook is strong.
The site enjoys exceptional visibility and exposure to an average of 30,800 vehicles per day, making it a prime location for continued retail success. Rally’s, part of the Checkers & Rally’s brand operating over 820 restaurants nationwide, anchors the property with a proven business model and national recognition. The surrounding area is densely populated, with over 13,700 residents within a one-mile radius and average household incomes exceeding $74,000, supporting robust consumer demand.
Nearby national retailers include Walmart, Target, Chick-fil-A, Panera Bread, and Burger King, reinforcing the corridor’s strength as a retail destination. This investment offers a compelling blend of passive income, brand stability, and strategic location in a thriving suburban market.
The site enjoys exceptional visibility and exposure to an average of 30,800 vehicles per day, making it a prime location for continued retail success. Rally’s, part of the Checkers & Rally’s brand operating over 820 restaurants nationwide, anchors the property with a proven business model and national recognition. The surrounding area is densely populated, with over 13,700 residents within a one-mile radius and average household incomes exceeding $74,000, supporting robust consumer demand.
Nearby national retailers include Walmart, Target, Chick-fil-A, Panera Bread, and Burger King, reinforcing the corridor’s strength as a retail destination. This investment offers a compelling blend of passive income, brand stability, and strategic location in a thriving suburban market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
772 SF
Building Class
B
Year Built
1992
Price
$722,867 CAD
Price Per SF
$936.36 CAD
Cap Rate
8.40%
NOI
$60,721 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.48 AC
Zoning
B3
Parking
4 Spaces (5.18 Spaces per 1,000 SF Leased)
Frontage
73’ on N Hwy 67
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 07J-32-0733 | Improvements Assessment | $98,206 CAD |
| Land Assessment | $71,382 CAD | Total Assessment | $169,588 CAD |
PROPERTY TAXES
Parcel Number
07J-32-0733
Land Assessment
$71,382 CAD
Improvements Assessment
$98,206 CAD
Total Assessment
$169,588 CAD
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