- For Sale $2,922,566
- Property Type Retail
- Property Size 7,857 SF
- Lot Size 2.2 Acre
- Cap Rate % 8
- Rental Income / YR $233,805.29
- NOI / YR $233,805.29
- Year Built 1993
- Date Updated Jan 6, 2026
Description
Tremendous Absolute NNN investment opportunity of a landmark St. Louis restaurant with impressive 35-year operating history! Wesley Roger's Steak and Buffet is a coveted restaurant serving the St. Louis MSA. Opportunity to acquire 7,587 square foot restaurant building on prime 2.2 acre lot at signalized intersection of Jeffco Boulevard and Richardson Road. Six (6) years of primary term remaining on this absolute NNN lease with 2.00% annual rent growth. Excellent future development opportunity via covered land play.
Highlights
- Positioned at signalized hard-corner
- Traffic counts exceed 31,000 vehicles daily
- Covered land play
- Arnold submarket is experiencing robust growth
- Landmark absolute NNN restaurant
- Impressive 35-year operating history
- 7,857 square foot restaurant on large 2.20-acre lot
- 6 years of primary term remaining
- 2.00% annual rent growth
- Excellent future development opportunity
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Contacts
Eddie Cherry
Manor Real Estate
Location
Contact Listing Broker
Eddie Cherry
Manor Real Estate
