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Red Robin Absolute NNN Lease 317 Mid Rivers Mall Dr 6,280 SF Retail Building Saint Peters, MO 63376 $4,019,282 CAD ($640.01 CAD/SF)
Investment Highlights
- New 15 Year Absolute NNN Lease
- Corporate Guarantee
- Dense Retail Location
- Zero Landlord Obligations
- High Traffic Location - Over 31,800 VPD and Immediate access to I-70 (75K+ VPD)
- Strong Surrounding Demographics
Executive Summary
This is a strong opportunity to acquire a Red Robin in St. Peters, Missouri. The absolute NNN lease has zero landlord obligations. The lease is corporately guaranteed by Red Robin. The lease includes 10% rent increases every five years and four additional five-year renewal options, creating built-in growth and long-term upside.
The property sits in a highly visible location along Mid Rivers Mall Drive, with traffic counts exceeding 31,800 vehicles per day. It also offers direct access to Interstate 70, which sees approximately 75,300 vehicles daily, giving the site strong exposure to both local traffic and regional commuters. The surrounding corridor is a well-established suburban retail area with consistent demand and strong customer flow.
The asset is positioned next to Mid Rivers Mall, a major shopping destination that attracts more than 5 million visits annually. This steady draw brings significant traffic to the immediate area and supports the tenant’s long-term performance. Strong surrounding demographics further reinforce the stability of the location and continued viability of the investment.
The property sits in a highly visible location along Mid Rivers Mall Drive, with traffic counts exceeding 31,800 vehicles per day. It also offers direct access to Interstate 70, which sees approximately 75,300 vehicles daily, giving the site strong exposure to both local traffic and regional commuters. The surrounding corridor is a well-established suburban retail area with consistent demand and strong customer flow.
The asset is positioned next to Mid Rivers Mall, a major shopping destination that attracts more than 5 million visits annually. This steady draw brings significant traffic to the immediate area and supports the tenant’s long-term performance. Strong surrounding demographics further reinforce the stability of the location and continued viability of the investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,280 SF
Building Class
C
Year Built
2003
Price
$4,019,282 CAD
Price Per SF
$640.01 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.86 AC
Zoning
C-2 - Commercial
Parking
188 Spaces (28.39 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2-0111-9209-00-0002.0000000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $778,078 CAD |
Property Taxes
Parcel Number
2-0111-9209-00-0002.0000000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$778,078 CAD
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Red Robin Absolute NNN Lease | 317 Mid Rivers Mall Dr
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