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2724 Watson Rd 1 540 pi² Commerce de détail Immeuble Saint Louis, MO 63139 3 142 789 $ CAD (2 040,77 $ CAD/pi²) 7,50% Taux de capitalisation
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Résumé de l'annonce
Located at the high-profile signalized intersection of Watson Road & Hampton Avenue, the site benefits from combined traffic exceeding 44,000 vehicles per day. Dense, affluent demographics include 141,000 residents within 3 miles and 373,000 residents within 5 miles, supporting strong long-term sales performance.
LONG-TERM, BRAND-NEW 20-YEAR LEASE
The tenant executed a new 20-year lease in April 2024, providing approximately 18.4 years of remaining term. This long-duration lease
offers exceptional cash-flow durability and significantly reduces re-tenanting risk for passive investors.
ABSOLUTE NNN – ZERO LANDLORD RESPONSIBILITIES
The lease is absolute triple-net, requiring the tenant to handle all expenses, including roof, structure, parking lot, taxes, insurance,
repairs, and maintenance. Truly hands-off ownership.
ESTABLISHED MULTI-UNIT OPERATOR WITH CORPORATE GUARANTY
CBW Restaurant Holdings operates 19+ Crazy Bowls & Wraps locations and provides a corporate guarantee. Crazy Bowls & Wraps has
been a St. Louis healthy fast-casual staple since 1994 and remains one of the region’s most recognizable local brands.
NEW 2023 CONSTRUCTION AND DRIVE-THRU
Recently constructed in 2023, the building offers modern design, efficient layout, and minimal near-term CapEx obligations. In
addition, the building features a modern, fully operational drive-thru which adds significant revenue potential and strengthens
long-term tenant performance.
EXCEPTIONAL SURROUNDING RETAIL & DAILY TRAFFIC DRIVERS
The corridor features national retailers that generate consistent customer flow, including Walmart, Target, Chick-fil-A, Raising Cane’s,
Home Depot, and numerous other national fast-casual and service operators. A proven, high-traffic trade area.
Faits sur la propriété
Commodités
- Service au volant
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
-
- Hébergement et services alimentaires
- -
- -
- Loyer hypernet
- Mars 2034
Crazy Bowls and Wraps was started in 1994 by Keith and Gail Kitsis because they saw a gap in the market of healthy, delicious and nutritious options in St. Louis. They wanted to bring their love of eating healthy and combine it with flavorful, made from scratch food. They are crazy about the thought that food this good might bring more good into the world. They serve, fast, healthy food made fresh every day in each of their stores. By making it easier to enjoy delicious, fresh ingredients, they help people feel good about themselves and the world they share. They are committed to providing wholesome ingredients, real food made from scratch and creating healthier communities.
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
|
|
Hébergement et services alimentaires | - | - | Loyer hypernet | Mars 2034 |
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 5891-00-0010-0 | Évaluation des bâtiments | 107 831 $ CAD |
| Évaluation du terrain | 68 495 $ CAD | Évaluation totale | 176 326 $ CAD |
Impôts fonciers
Présenté par
2724 Watson Rd
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